A. privatising the existing business owned by the state
B. commercializing state-owned businesses
C. reducing foreign economic domination
D. making the indigenes managing directors of businesses
Correct Answer: Option C
C. reducing foreign economic domination
Explanation
Indigenization policy is a deliberate government policy aimed at replacing foreign investors and personnel in certain industries with indigenes of the natives of a country that is, excluding foreign participation in certain productive activities.
