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What are advantages and disadvantages of privatization of state- owned business? A number of not-for -profit organizations in the United States have been converting to profit- making. Why would a not- for- profit organization want to change its status to profit- making? What are the pros and cons of doing so?
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What are advantages and disadvantages of privatization of state- owned business?
Depending on the business structure chosen (sole proprietorship, corporation, partnership, etc), there would be many disadvantages as well as advantages of privatizing state-owned businesses. State owned businesses have much more regulation to consider. They also must please the general …
