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Natalka [10]
3 years ago
6

A giant telecommunications company that was previously owned by the government of Sunzabia, a European country, is sold to an in

dependent industrialist to ensure that the company is handled in a more efficient way. The given scenario exemplifies
Business
1 answer:
Ugo [173]3 years ago
3 0

Answer: Privatization.

Explanation:

The giant telecommunication company has experienced privatization as it's ownership has switched from public to private. Privatization occurs when a government owned business establishment is traded to a private individual/organization, therefore the owners of the business are private individuals.

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