Concept:Commercialization means running government-owned enterprises along business principles to make them self-sustaining and efficient.
Explanation:The main purpose of commercialization is to make state-owned firms operate on commercial lines.
They are expected to cover their costs, earn revenue, and reduce dependence on government subsidies.
It promotes value for money and better delivery of services by applying commercial principles.
Commercialization does not necessarily mean selling ownership to private investors.
Therefore, its primary aim is to improve the efficiency of public enterprises.
Answer:B. make state-owned firms more efficient