The process of transferring ownership of a business enterprise, agency or public service from the public sector to private sector. Answer in a word / phrase / term.
Answers
Answered by
1
What is diff bw application based and web based on
Answered by
0
The process of transferring ownership of a business enterprise, agency or public service from the public sector to private sector is known as privatization thereby inducing the management by the private sectors enterprises.
The public sectors are operated by the government agencies and privatization removes any control or regulations framed by the government that acts as hindrance to the operation of private companies.
Similar questions