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reasons for privatisation in a business
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[QUOTE="Axis, post: 268260, member: 66672"] privatization can be defined as the policy designed to give individuals and private organisations the opportunity to take over ownership and control of businesses owned by the government such as the companies that are public and also public corporations. privatisation in a business aids in generating more revenue that is where private individuals are giving the opportunity to handle a business they assist the government in generating more revenue. these systems of privatisation in a business has help in channeling resources from business to other areas in an economy that lack these resources thus making the economy a balanced economy. privatization also attract foreign investors to invest in an economy due to the attractive profit and income that will be expected. the existence of privatization have Foster facilitate and improve the rapid growth of an economy as all day activities that appeared to be productive and being channelled towards efficient production in a particular country. employment opportunities are made available to varieties of people as privatization affect all factors and touches other aspects of the economy not only the government businesses. privatization also give private individuals the opportunity to engage and take part in activities that concerns the economy through ownership of enterprises and various businesses [/QUOTE]
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