The government of Kenya has been adopting the policy of privatisation of firms. Discuss some of the benefits that the Kenyan people reap from this policy.

      

The government of Kenya has been adopting the policy of privatisation of firms.
Discuss some of the benefits that the Kenyan people reap from this policy.

  

Answers


sharon
- Kenyans enjoy improved products and services due to research carried out by privatised
firms
- The spirit of competition enhances good management hence efficiency
- Consumers enjoy fair prices of products and services due to minimal wastes if any.
- Privatisation calls upon many firms entering the market leading to product diversity
hence Consumers have a wide variety to choose from.
- Due to stiff competition, privatised firms engage in aggressive sales promotion methods
which keep consumers informed of the products in the market.
- The need for greater profits makes them engage in risky projects which may be of great
importance to the consumers.
sharon kalunda answered the question on March 4, 2019 at 12:26


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