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A _______ facility is independently owned and operated.

User MJ Khan
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1 Answer

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Final answer:

A privately-owned facility is an independent business owned by individuals or a small group of investors who make their own operational decisions.

Step-by-step explanation:

A privately-owned facility is independently owned and operated. This means that the business is not owned or run by the government or a public entity but rather by an individual, a family, or a small group of private investors. Privately-owned businesses have the freedom to make their own operational decisions, from day-to-day management to strategic planning, and typically do not have to disclose financial information publicly unless required by law.

User Guilherme Trivilin
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