Private would be something owned by an individual (The owner of a grocery stor) and Public means something government owned (The Hospital)
The aim of a public sector business, is to make profits just like the private sector. Public sector is run by the government on behalf of the public and mostly offer government services.
its a third sector
the economic sector asset by government for public welfare.
1.Ensure the essential goods and services are available for everyone equally; 2.Provide the goods and services that are too important for the security of the country; 3.Provide goods and services that cannot be provided by the private sector.
A public sector organization is one that is paid for by taxpayers and run by a government. For example, all federal agencies are public sector organizations. Public school systems are public sector organizations. So on and so forth.
to make money
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One of the objectives of public organizations is to provide services to the general public. Public organizations also seek to enforce the law and regulate activities.
In the public sector, most of the services and production is aimed at making the lives of the public better and not really about profit making. Public sector also seeks to meet demand for services that would be impossible for one private sector investor to profitably provide.
Customer service can contribute to best value in a public sector organization or a third sector organization in various. Such organizations should monitor customer feedback which will improve service delivery.
well firstly in a mixed economy, you hv both private sector and public sector (govt/ State). the MAIN obj of the mixed econmy is the private sector are their for self interest (profit) the public sector is their for the good of the nation hope it helped :)
Standards of consistency, quality, information sharing between Accountants, and transparency in reporting are the base objectives of public sectors accounting.
career objectives in the insurance sector as claim handler
To lodge a complaint for not getting PF and gratuity from a public sector organization after a lapse of six months, contact the Ministry of Personnel. Here you will find a department that handles all public grievances.?æ
What is police organization and their objectives
No, politicians can not be privatized. When something is privatized, it means that an organization has gone from the public sector to the private sector. It can also refer to government outsourcing.