Concept:Commercialization is the restructuring of a government enterprise so that it operates on profit-oriented business principles.
Explanation:The key phrase is "restructuring" a government-owned enterprise.
The goal is to make it profit-oriented, meaning it must operate like a commercial business.
Under commercialization, the enterprise remains under government ownership but is run with efficiency and profit targets.
Privatization is different because it involves transferring full ownership to private investors.
Nationalization is bringing a private business under government control.
Deregulation means removing government rules to increase competition.
Only commercialization directly matches the act of restructuring a public enterprise to focus on profitability.
Answer:C. commercialization