hi i need this question answer for a relly big test 2morrow, can you help?
1.) what is the term given to the selling off of a state-owned business? give one example
2.) Outline two reasons for selling off state owned businesses
2007-03-19 08:31:59 · 3 answers · asked by hannah 1 in Business & Finance ➔ Other - Business & Finance
1.) possibly privatisation? i.e when the government sold British Rail
2.) To get more money for the government
They think its a good idea !!
2007-03-19 08:41:10 · answer #1 · answered by Jimmydog 3 · 0⤊ 0⤋
Privatisation
Theres only one for the Government to make money thought of another to off load a service.
2007-03-23 14:06:32 · answer #2 · answered by Ollie 7 · 0⤊ 0⤋
I BELIEVE IT WOULD BE "AUCTION" MOST STATES TAKE BUSINESSES FOR TAX LIABILITIES AND IN SOME CASES FOR CRIMINAL ACTIVITY. THEY ALL CONDUCT PUBLISHED AUCTIONS SO THAT THEY ARE IN COMPLIANCE WITH THEIR OWN LAWS. THEY HAVE TO BE IMPARTIAL IN THEIR DISPOSAL OF ANY ITEMS AND THE BUSINESS ITSELF. THEY CAN TAKE YOUR HOUSE IF IN THE ILLEGAL DRUG TRADE, YOUR CAR AND FURNITURE TOO. THEY CAN CLOSE YOUR BUSINESS AND SALE THE CONTENTS AND THE BUILDING, IF OWNED BY THE BUSINESS FOR PAST TAXES. PROPERTY TAXES AND WITHHOLDING TAXES ARE THE MAIN REASONS.
2007-03-19 15:41:32 · answer #3 · answered by H. A 4 · 0⤊ 0⤋