Justify between commercialisation and privatilisation of government?
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Commercialization \n# Sequence of actions necessary to achieve market entry and general market competitiveness of new innovative technologies, process and products. (IPCC)\nwww.climatechange.ca.gov/glossary/letter_c.html\n\n# The process of developing markets and producing and delivering products for sale (whether by the originating party or by others). As used here, commercialization includes both government and private sector markets.\ngrants.nih.gov/grants/funding/phs398/instructions2/p3_definitions.htm\n\n# the phase where a product or service goes to market\ntpc-ptc.ic.gc.ca/epic/internet/intpc-ptc.nsf/en/hb00422e.html\n\n# The act of managing something on a business basis for profit.\nwww.ventria.com/glossary.asp\n\n# The selling of a product or process for financial gain.\nwww.abheritage.ca/abinvents/glossary.htm\n\nPrivatization\n\n# A federal agency decision to change a government-owned and government-operated commercial activity or enterprise to private sector control and ownership. When privatizing, the agency eliminates associated assets and resources (manpower for and funding of the requirement). Since there is no government ownership and control, no service contract or fee-for-service agreement exists between the agency and the private sector after an agency privatizes a commercial activity or enterprise. ...\nemissary.acq.osd.mil/inst/share.nsf/Glossary\n\n# Conversion of a state run company into a public company, often accompanied by a sale of its shares to the general public.\nwww.eagletraders.com/other/glossary_fin_terms.htm\n\n# The process of making state-owned enterprises private. Also termed denationalization.\nucatlas.ucsc.edu/glossary.html\n\n# Act of converting a publicly operated enterprise into a privately owned and operated entity. Shares formerly owned by the government, as well as management control, are sold to the public. The theory behind privatization is that these enterprises run more effectively and offer better service.\nwww.franklintempleton.com/retail/jsp_cm/education/glossary/glossary_p.jsp\n\n# The process of selling government owned industry and services to private companies. Privatization is currently taking place in the former Soviet Union and Eastern Europe in the transition to market economies. It is also taking place in many LDCs that are trying to reduce government spending and generate income by selling unprofitable services and industries.\nwww.icons.umd.edu/pls/reslib/display_glossary
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supply and demand.\nCapitalism.\nI guess in your choices you would call it market.
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I am talking in a economical sense. Politcally I do not how to answer your question. True communism requires equally distribution of capital. Socialism does not. Both have high levels of government ownership of industry.
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It is a state owned business. \nWhat that means is no private person/firm/company can own shares in that enterprise. It is 100% controlled by the state. When it gets privatized then it is a public business.
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No. That's called a conflict of interests. If the\ngovernment invested into the private sector then they\nwould pass laws that would favor some companies over\nothers. That would stifle free enterprise.
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I think it bites if the government can take your privately owned property so that some privately owned commercial business can have it.  If it's for roads etc., it might be necessary.
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Have the government provide goods and services that benefit the community that cannot be efficiently/effectively be provided for by the private sector.\n\nExamples:\nnational defense--who wants to have a private army?\nrule of law--enforce contracts, provide rules for orderly economic exchange\ninfrastructure--roads, bridges, dams\n\nand many more!\n\nThe important distinction in my mind is that the public policy implementation must be less expensive than an equivalent service provided for by the private sector.\n\nPeople disagree on how to evaluate public goods and the relative capabilities of government and the private sector.\n\nAnother problem is the statesman/politician distinction.  A statesman will try to influence public policy to do what he/she believes is best for the community.  A  politician merely seeks to gain and exercise power through partisanship and the trading of favors, which inevitably hurts the community.
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The economic role of government is, in my little bitty opinion, to root out and prosecute the fraud.  It must there for define fraud (make laws) and regulate for the good of society commerce.  \n\nAs to the later part about revoke or abrogate contracts I can see it only in the cases where the contract is a fraud or the agreement (contract) is creating a monopolistic enterprise.
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Goverment turning over the operation of operation to a private company. For example, the US president wants to turn over the social security admin to the private market.\nTry Wikipedia for a definition, too, maybe they have a better defination.\nGood luck with the project.
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A capitalistic society retains ownership in private hands.  Even the economic planning in a capitalistic society is mostly a non-governmental function.  The courts exist to achieve justice.  The fundamental value persued by government is FREEDOM.\n\nIn a communistic society, there is no private property, the economy is centrally planned, and the courts exist to serve a social function rather than justice.  The fundamental value persued by government is supposed to be EQUALITY but normally is actually RESENTMENT against anyone more successful than the norm.
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There ia an abyssal difference between liberty (freedom) and license (anarchy).\n\nThe former is highly desirable because it allows an individual to make their own choices in life according to their own free will and the dictates of their (hopefully) well-formed consciences.\n\nThe latter is an excuse for trampling over everything and everyone in order to prove to oneself that one is a powerful being indeed. Sad, really.\n\nFreedom without responsiblity is anarchy. Period! Human nature being what it is, ie fallen, it could hardly be otherwise.
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both if private gives u many opportunities for Ur growth,but no job surety govt. gives job stable no growth.now it depends what u want.
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Commerce is the transfer of money in the common market.\n\nCapitalism is the gathering of wealth of the individual.
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Public property is private to politicians\nprivate property is public to all
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the major justification for govt seems to be protection of the people  and this can be bent to justify almost anything \nthe actual role in waste is probably complicated by local ordinances but I'm not specifically acquainted.sorry I couldn't find any good american links on thier role in waste management.   peace out!
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You want us to write your management essay for you? Are you serious? OK fine, here is my critical analysis:\n\n"Privatization is bad. The whole thing was a mistake. What's a PSU?"\n\nHand that in. I promise you an A+.
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That is where the Lezefare policy (privatised freedom) is all about.  In a controlled economy the Government inerfears to stop is the manufacturing of below standard products but in a so called free economy the Government can not interfear into this.  The customers are the better decision makers it is believed.  And we all know the customer awareness in India and the consequences of it. Although we are not in that barbarian society, we are marching towards one.  As on date, we are in betwee, the BIS standards are specified by BIS and these standards are made by expert in the field of that particular products. The products which are upto these standards have been given permission by BIS to print the words "BIS" and its registration number ISI 473 etc.  \n\nNow again it is the customer's option whether to buy a ISI or BIS products or a non-ISI or BIS product.  But do yo know, the Government influenced by these business men is re-thinking on the very existence of this BIS itself considering it as a measure to reduce  extra paper work. This will make the society and business more barbarian and uncivilised with no business ethics.\n\nI agree with you, no products without not as per the standard specified by BIS and with  BIS certificates should be allowed to float in the market.