Commercialisation Assignment Help

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Commercialisation:

Commercialisation is the process of reorganizing a public enterprise to make it self- sustaining and self accounting instead of depending on the government subventions and subsidies for its survival and operation. Such reorganised enterprises are not sub divided by government and product pricing is achieved by market forces.

The primary goal of commercialization is to promote efficient use of public resources as well as improving quality of service delivery, especially in areas that are critical to the growth of the economy and poverty reduction.

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