BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is the tool to achieve privatization.
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Abolishing licenses
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Disinvestment
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Free movement of goods and services
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Globalisation
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Explanation:
Detailed explanation-1: -What are Disinvestment and Privatisation? Privatization is the process of transfer of ownership of a public sector undertaking to the private sector. Disinvestment is a process in which an organization or government sells or liquidates the assets which it owns.
Detailed explanation-2: -What is the relationship between disinvestment and privatization? The method of exchanging control of a public sector project for the private sector is known as privatization. Disinvestment is the practice of a company or government selling or liquidating its holdings.
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