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The process of converting a non-profit making organisation to a profit-making business is

The process of converting a non-profit making organisation to a profit-making business is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Commercialisation
  • B Deregulation
  • C Indigenisation
  • D Privatisation
Correct Answer: Option A
Explanation:
Commercialisation involves changing the operations of an organization so that it operates on a profit-oriented or revenue-generating basis, even where government ownership may remain. Privatisation, by contrast, involves transferring ownership or control from government to private investors.

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