Distinguish between Private sector organizations and Public sector organization.
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private sector is owned and managed by individual,family or a corporate body.
public sector is owned and managed in the hand of government or its department
public sector is owned and managed in the hand of government or its department
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Public private companies:
These are the companies which are owned and controlled by the individuals. Government do not interfere with there working. The purpose of the private sector companies is earning profit.
Private sector companies:
These are the companies which are owned and controlled by the individuals. These companies come either under the separate ministry or central government. The main purpose of these companies is to provide benefit to people.
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