what types of industries are candidates for privatization wh
what types of industries are candidates for privatization
what types of industries are candidates for privatization
Solution
Industries, whose sole purpose is to make profit but also to become best in their fields are generally candidates for privatization. These industries focuses on profit maximization and for that purpose tries to do best things possible in order to attract customers. Unlike nationalized industries they are not bound on any conditions such as providing job to people of certain reserved category, rather they choose best skilled labours.
Eg. Apple, Tesla, Disney, Procter & Gamble, PepsiCo
