what is the main motive of private sector enterprises
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Answered by
100
Private sector enterprise is one of the forms of organisation.
These are mainly established to earn and maximise their profitability. Their only and ultimate motive is to increase the profit without looking for the welfare of the public.
These are completely different from public sector enterprise.
These are mainly established to earn and maximise their profitability. Their only and ultimate motive is to increase the profit without looking for the welfare of the public.
These are completely different from public sector enterprise.
Answered by
30
In the private sector, ownership of assets and delivery of services is in the hands of private individuals or companies. ... Activities in the private sector are guided by the motive to earn profits.
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