Question

merits of private sector organizations

Answer 1

1.High flexbility and quick decision  making 2.the profits of the company can be reaped directly by the owners which is turn acts as a motivating factor 3. willing to take up risky as well as non risky business venture.

Answer 2

Merits of Private Sector Organizations:

a. Can create their own time table schedule without worrying about whether it is day or night

b. Manage the fee structure

c. Manage their sponsors

d. Manage who shall export or import with them

e. Create their own small investors without the government worrying.

f. They can keep their finances in private and do not need to reveal the financial results.

g. There is only 'Limited Liability Exposure'.

h. They can always focus on long-term growth.