Question

C) Write the term for following
1) The sector which aims at profit maximization.

Answer 1

Answer:

Private Sector is your answer

MARK AS BRAINLIEST....

Answer 2

In any economy,private sector is mainly aimed at profit maximization.

Explanation:

The private sector is a very important sector in capitalist and mixed economy which essentially comprise of autonomous and independent business organisations which are not,in any way,regulated or administered by the state or the government.The private companies or organisations are headed by private individuals or shareholders who basically invest in these companies for operational purposes and business activities and claim legal ownership of private companies.The investors and shareholders also have their legal claims on company's profit or equity share.One of the main objectives of the private sector organisations is to enhance or maximize their profit level through increased production level of their goods and services and minimizing regular operational costs and expenses in the course of business.