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

Posted: Mon Oct 30, 2023 11:05 pm
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+]

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

Posted: Fri Nov 03, 2023 3:27 pm
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

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

Posted: Sat Nov 04, 2023 9:30 pm
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.