Question 1 of 8privatisation
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A government sells the shares of a state owned airline to private investors through the stock exchange. This form of privatisation is known as
A franchisee pays the franchisor an initial fee and a regular royalty in return for
In a franchise agreement, the regular payment a franchisee makes to the franchisor out of its turnover is called a
A benefit of converting a partnership into a public limited company is
Shareholders in a public limited company enjoy limited liability, which means that they
A drawback of converting a partnership into a public limited company is
State the term for a company's ability to continue in existence regardless of the death or withdrawal of any individual owner.
Selling shares in a state-owned enterprise to the general public on a stock exchange is which form of privatisation?
A local authority pays a private firm to collect refuse that its own workers previously collected. This is an example of
The existing managers of a state enterprise acquire ownership of it. This is known as
Indigenisation policy in Zimbabwe seeks to
A benefit of indigenisation to the domestic economy is that it
A risk of a strict indigenisation policy is that it may
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