Commerce WAEC

The purpose of commercialization is to?

A. encourage the participation of the private sector
B. make state-owned firms more efficient
C. encourage the flow of foreign capital
D. enable state-owned firms pay tax

Correct Answer: Option B

B. make state-owned firms more efficient

Explanation

Aims and objectives of commercialization is to achieve value for money in the consumption and delivery of Government services by applying commercial principles.

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