what are the aims of public and private sector
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Answer: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.
private sector-What Are the Objectives of the Private Sector? Objectives within the private sector include optimizing profits, reporting financial data with clarity, selecting the proper organizational structure to limit liability and to protect company policies, such as marketing plans, from the competition.
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The private sector, which aims for profit, the public sector, owned by the government and the voluntary sector. When a business is first set up, its main objective will be to survive. When survival is assured, private businesses may take it to the next level and expand to maximise their profits.
An important objective of public enterprises is to prevent 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.
An important objective of public enterprises is to prevent 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.
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