Among the Benefits of Privatization of State-Owned Enterprises Is

question 23

Multiple Choice

Among the benefits of privatization of state-owned enterprises is

• A)increased employment.
• B)improved efficiency.
• C)reduced pollution.
• D) all of the above.
• E) none of the above.

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Definitions:

Consolidation

The process of combining two or more entities into one, often to streamline operations and reduce costs.

Absorbed Corporation

A company that has been merged into another entity, losing its previous separate identity.

Merger

The combination of two or more companies into a single entity, where one survives and the others cease to exist.

Bankruptcy

A legal process by which individuals or other entities who cannot repay debts to creditors seek relief from some or all of their debts.