alleryGiving a greater role to the private sector and reducing that of the public sector is called:
Ademonetisation
Bprivatisation
Cglobalisation
Dliberalisation
Answer & Solution
Correct answer: B. privatisation
Privatisation expands the private sector's role and reduces the public sector's.
Keep practising Principles & Functions of Management
Browse all Principles & Functions of Management questions for AP Intermediate 2nd Year, or explore more Business Studies topics.
Related questions
Order the organising processMatch Fayol's principleThe systematic delegation of authority throughout all levels of an organisation is:Planning is regarded as the ___ function of management because every other function followTap what organising givesMatch the organising termComplete the planning definitionThe principle of 'Division of Work' leads to: