Privatization has many levels to develop organization or enterprise. For example, contracting out, employing the private sector to manage specific activity that does not complicate or employing private sector to manage contract by the government monitor services. Lease out, the government give right to private sector for ...
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...e market had become more competitive many routes are already liberalized. So BA was privatized in the same year for competition with other airlines (Martin and Parker, 1997).
In conclusion, privatization is a major policy in many developed and developing countries. One of the main purposes of privatization is to improve efficiency, in term of achieving higher productivity, lower cost production and higher profitability. Due to in the globalization has higher competition for raise the market share and brings the business to the top of the market. Orientation for survival of the nationalization business is important. So privatization is the answer to the nationalization in this time but the decision will depend on many reasons such as the suitable of the business, timing to privatization, impacts after privatization, level to develop, the benefit after privatization.
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