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THE PUBLIC SECTOR IS THE ONE WHOSE WORKING IS IN THE HANDS OF THE GOVERNMENT.THE GOVERNMENT HOLDS A MAJORITY STAKE IN PUBLIC SECTOR INDUSTRIES.THEIR ACTIVITIES ARE MOSTLY INFUENCED BY THE GOVERNMENT.BUT DUE TO PRIVATIZATION OF PUBLIC SECTOR INDUSTRIES,THEIR NIMBER HAS REDUCED TO A SIGNIFICANT EXTENT.INDIAN RAILWAYS,NUCLEAR POWER INDUSTRY,ELECTRICITY BOARD,ETC.ARE STILL IN CLUDED IN THE PUBLIC SECTOR.IT MAY BE DEFINED AS "AN ENTERPRISE WHERE THERE IS NO PRIVATE OWNERSHIP BUT ITS ACTIVITIES ARE NOT MAINLY CONFINED TO THE MAXIMIZATION OF PROFITS AND PRIVATE INTERESTS OF THE ENTERPRISE BUT IT IS INFLUENCED BY SOCIAL INTEREST.Examples in Mauritius are CWA,MBC,CEB
The Public Sector, sometimes referred to as the state sector is a part of the state that deals with either the production, delivery and allocation of goods and services by and for the government or its citizens, whether national, regional or local/municipal.
Examples of public sector activity range from delivering social security, administering urban planning and organizing national defenses.
A public sector is a part of the state that deals with either the production, delivery and allocation of goods and services by and for the government or its citizens, whether its national, regional or local/municipal.
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Is the police a public sector?
public sector
What is public sector budgeting?
A sector in which the public can budget
Why is it necessary for the public sector to exist?
the public sector necessity
Differences between public sector accounting and private sector accounting?
The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.
What are private sector and public sector?
Private sector are things that are owned by people. Public sector are things that are owned by the government.
What is the difference between public sector and private sector and why do government support public sector?
Government is public sector. Corporations and partnerships are Private sector. The government wants to support both the public and private sector to improve the economy and well-offness of the people it serves.
What is the difference between private sector bonds and public sector bonds?
the public sector does not aim to make a profit and the private sector does an example of the private sector would be primark public sector would be the police,fire engines. The government own the public sector whilst the private sector is owned by its own individuals.
What are the importance of public sector accounting?
what is the importance of public sector accounting
Function of public sector banks?
function of public sector in india
Is sainsburys supermarket in the public or private sector?
Sainsburys is in the public sector.
What can public sector and private sector learn from each other?
The public sector can learn efficiency and innovation from the private sector, while the private sector can learn about accountability and transparency from the public sector. Both sectors can benefit from sharing best practices in areas such as customer service and resource management.
Aim of a public sector business?
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.
