A company, X, is owned and managed by the government and the private sector. The profit is shared among them in proportion to the amount invested by each of them.
Mention the way in which company x operates.
A
Build, Operate, Transfer.
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B
Public-Private Partnership.
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C
Selling ownership.
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D
Merger.
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Solution
The correct option is B Public-Private Partnership. In some cases, both the government and private players own and manage the company. Such an arrangement is called Public-Private Partnership.