As companies are privatized, they have few adjustments to make in order to compete effectively in competitive settings

Question

Quizplus · Accepted Answer

When companies are privatized, they often need to make significant adjustments to compete effectively in competitive settings, including improving efficiency, customer service, and innovation, as they transition from a potentially monopolistic or government-supported position to operating in a market-driven environment.

As Companies Are Privatized, They Have Few Adjustments to Make