A feature common to privatization and commercialization is?
Answer Details
A feature common to privatization and commercialization is profit-making. Both privatization and commercialization are strategies aimed at making government-owned businesses more efficient and profitable. Privatization involves the transfer of ownership and control of state-owned enterprises to the private sector, while commercialization involves restructuring state-owned enterprises to operate more like profit-oriented businesses. In both cases, the objective is to increase efficiency, reduce government interference, and ultimately make the enterprise more profitable. Therefore, profit-making is a feature that is common to both privatization and commercialization.