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Give one word/phrase/term.The process of transferring ownership of business enterprise, agency or public service from the public service to private sector. - Organisation of Commerce and Management

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Question

Give one word/phrase/term.
The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.

One Word/Term Answer
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Solution

Privatisation.

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Chapter 7: Business Enviroment - Exercise Q.1 [Page 150]

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