A federal agency decision to change a government-owned and government-operated commercial activity or enterprise to private sector control and ownership. When privatizing, the agency eliminates associated assets and resources (manpower for and funding of the requirement). Since there is no government ownership and control, no service contract or fee-for-service agreement exists between the agency and the private sector after an agency privatizes a commercial activity or enterprise. ...
2006-12-21 06:18:51
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answer #1
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answered by hitomiki 3
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Privatization (alternately "denationalization" or "disinvestment") is the transfer of property or responsibility from the public sector (government) to the private sector (business). The term can refer to partial or complete transfer of any property or responsibility held by government. A similar transfer in the opposite direction could be referred to the nationalization or municipalization of some property or responsibility.
2006-12-21 06:21:51
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answer #2
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answered by Blicka 4
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The repurchasing of all of a company's outstanding stock by employees or a private investor. As a result of such an initiative, the company stops being publicly traded. Sometimes, the company might have to take on significant debt to finance the change in ownership structure. Companies might want to go private in order to restructure their businesses (when they feel that the process might affect their stock prices poorly in the short run). They might also want to go private to avoid the expense and regulations associated with remaining listed on a stock exchange. also called going private. opposite of going public.
2006-12-21 06:23:22
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answer #3
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answered by Lorene 4
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"Privatization (alternately 'denationalization' or 'disinvestment') is the transfer of property or responsibility from the public sector (government) to the private sector (business). The term can refer to partial or complete transfer of any property or responsibility held by government. A similar transfer in the opposite direction could be referred to the nationalization or municipalization of some property or responsibility."
2006-12-21 06:44:01
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answer #4
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answered by Dean E 1
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less regulated and private profits vs govt employees or regulated supplies services.
think of what happened to the phone company low rates and was generic all over..
now loans fro phones around the corner and many service providers and no one accountable or to fix anything.and my phone doesn't work with your service.
also:
govt over site vs shareholders profits..
utilities except oil gas are regulated so they cant bilk us TOO BADLY. look t difference in electric bill and services vs gasoline bill see difference in govt/no or regulated profit vs PRIVATIZATION/ huge unregualted industry and profits.
Privatization - Wikipedia, the free encyclopedia
2 Types of Privatization/Methods of Government Disinvestment ... Proponents of privatization believe that private market actors can more efficiently deliver ...
en.wikipedia.org/wiki/Privatization - 54
2006-12-21 06:24:33
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answer #5
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answered by macdoodle 5
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