1 Explain one difference between private-sector and public-sector organisations. [3]

Ch 2 Business structure
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Sir Afzal Shad
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1 Explain one difference between private-sector and public-sector organisations. [3]

Post by Sir Afzal Shad »

Q1 Explain one difference between private-sector and public-sector organisations. [3]

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Possible Structure:
[KN]
[AN]
[AN+]
Shanze Arsalan
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Re: 1 Explain one difference between private-sector and public-sector organisations. [3]

Post by Shanze Arsalan »

KN: Private sector organisations are basically built with the objectives of profit maximization where as public limited organisations are built with the objectives of providing services for public
AN: Because of which PBC can sell it's shares to the public for fundings whereas PVC can not
AN+: In this way less profit is generated by PVC compared to PBC
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Re: 1 Explain one difference between private-sector and public-sector organisations. [3]

Post by Malik Adeesa »

[KN]:A public company is listed on the stock exchange and trades stocks to the general public who share ownership. A private company does not trade publicly .
[AN]:general public has access to the public companies whereas in private companies, public has limited access to it.
[AN+]:public companies can identify and adopt to new trends as compared to private limited companies.
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