Business Studies, asked by ayshafatima92, 7 months ago

distinguish between public sector undertakings and private sector undertakings​

Answers

Answered by Anonymous
3

Answer:

The private sector comprises of business which is owned, managed and controlled by individuals. On the contrary, public sector comprises of various business enterprises owned and managed by Government. Such organizations are either fully or partly owned by the center or state and come under the separate ministry.

Answered by Anonymous
13

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☆Public sector☆

1.It is controlled and managed by the government.

2.The main aim of the sector is public welfare.

3.The sector provides basic facilities like education, health, food and security to the people. For Example: Railways, Post office, BSNL.

☆Private sector☆

1.It is controlled and managed by an individual or a group.

2.The main aim of the sector is to earn profits.

3.Private sector does not provide any service at a reasonable rate. For example: Tatas, Birlas, Reliance.

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