The process of eliminating unnecessary controls and restrictions on the smooth functioning of a business enterprise is known as —

CS CSEET · Business Environment and Entrepreneurship & Business Management, Ethics and Communication · PYQS · December 2013
The process of eliminating unnecessary controls and restrictions on the smooth functioning of a business enterprise is known as —
(A) Liberalisation
(B) Globalisation
(C) Privatisation
(D) None of the above.

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Liberalisation.

Topics: Business Environment

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