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Privatizing Public Corporations Reasons

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Privatizing Public Corporations Reasons

Question

Outline four reasons for privatization of public corporations.

Answer

- Lack of adequate finances to sponsor their activities due to low membership
- Lack of sufficient information from consumers
- Lack of adequate interest on the part of the consumers their work
- Ignorance on the part of consumers about their rights and avenues to follow
- The organization lacks authority to enforce cases brought toothier attention