what is private and public enterprises
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public sector industries is owned and operated by government. private sector industry is owned by public sector and private sector.
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As per the question
Private Enterprises
It is owned by private individuals . It is motivated by the desire to earn profits.It consist of business activity that is owned and run by private individual. These business can be small firms owned by just one person, or large multinational business that operate around the world globally. The goal of business in the private sectors is to make a profit
Public Enterprises
One which is owned, managed and controlled by the central Government or any local authority .It is also known to provide services to the public
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