Which the privitization of the banana chips business

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1. The government owns and operates a banana chips factory in the capital of Corona. It has decided to privatize the business in order to enhance economic development.

a) Explain Three ways in which the privitization of the banana chips business could benefit the economic development of PanJam.

2. Newstart Company Limited bought the banana chips business from the Government. The Board of Directors of Newstart wants to develop new vision and mission statements, and strategic objectives that will guide the business to profitability within the first 12 months.

b) Discuss Three ways in which a well-written mission statement for Newstart Co. Ltd could assist the business in becoming more profitable.

Reference no: EM132231315

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