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Principles of Business Revision

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Principles of Business Revision

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Ureilito Canul
1

organization private partnership Nationalization privatization nationalization public firm health business Police education Privatization profit

1 . The ownership in a sector is the government body .
2 . In the public sector , areas of interest are , and .
3 . Capital is invested by investors in the private sector .
4 . involves the transfer of ownership from the state ( government ) to private sector .
5 . involves the transfer of ownership from the private sector to the state ( government )
6 . A potential benefit of is the lack of political interferance .
7 . Natural Monopoly is a benefit of .
8 . A may be defined very simply as a single individual or a group of persons who
have pooled their resources to provide goods or services to make a .
9 . A business organization is sometimes called a .
10 . A is a legal agreement between two and up to 20 individuals who undertake to form themselves into a business unit with one common view to make a profit .