Question

The objective of public sector is to maximise profit. true or false​

Answer 1

Answer:

False ............

Explanation:

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Jai Hind

Answer 2

Questions:

The objective of public sector is to maximise profit. true or false​

Answer:

False

Explanation:

An important objective of public enterprises is to prevent the concentration of economic power and growth of private monopolies. Public sector helps the government to enforce social control on trade and industry for ensuring equitable distribution of goods and services, Public sector organisations are businesses set up with the aim of providing a public service rather than making a profit. Social enterprises are private organisations that are run along business lines, but where any profits are reinvested into the community or into social or environmental projects.