Question

there are __ sins of privatization
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Answer 1

Answer:

6

Explanation:

• Natural monopoly. A natural monopoly occurs when the most efficient number of firms in an industry is one.

• Public interest. ...

• Government loses out on potential dividends. ...

• Problem of regulating private monopolies. ...

• Fragmentation of industries. ...

• Short-termism of firms.

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Answer 2

Answer:

there are seven sins of privatization

Explanation:

• Privatization : It is the transfer of ownership to a private sector from a government sector.
• Governments no longer own companies and businesses.
• The process by which a public company is taken over by a small number of people is also known as privatization.
• In a study compiling part of the literature on "privatization" from transition economies in Russia and the Czech Republic, the authors identified three methods of privatization:

1. privatization by sale
2. mass privatization
3. Mixed Privatization

• Sins of Privatization :

1. Lack of proper strategy
2. connivance
3. Wrong timing
4. Ambiguity of objectives
5. Lack of political consensus
6. Lack of proper poor financial strategies
7. wrong environment.

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