Emerald Inc. is a state-owned enterprise in Lobelis, a country in South America. It is likely that:
A) the government of Lobelis owns and operates the business of Emerald Inc.
B) Emerald Inc.'s goal is to serve environmental needs.
C) the government of Lobelis gets indirect benefits from the jobs created by Emerald Inc.
D) the government of Lobelis has bought stocks and bonds in Emerald Inc.

Question

Quizplus · Accepted Answer

State-owned enterprises are typically owned and operated by the government, meaning the government of Lobelis likely owns and operates Emerald Inc.