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Explain the following term/concept.Privatization. - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept.
Privatization.

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उत्तर

(I) Privatization refers to reduce the involvement of state or public sectors by involving of private 'sector in economic activities.
(II) It implies government sectors to be sold or given to private individuals to run them.

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अध्याय 7: Business Enviroment - Exercise Q.2 [पृष्ठ १५१]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 7 Business Enviroment
Exercise Q.2 | Q 3 | पृष्ठ १५१
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