Process of Privatization, The Privatization is a process by which ‘for-profit’ business

Process of Privatization

The Privatization is a process by which ‘for-profit’ business firms: (1) Transform small entrepreneurships into big corporations. (2) Hiring professional administrators to assist manage operations. (3) Vend corporate stocks and bonds to safe the economic capital. (4) Purchase and then operate formerly government-run forms of production.

Can someone please help me in finding out the accurate answer from the above options.

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