comparison in denture costing between public and private sector
How is the management of cash balances in public sector organisations different from private sector organisations
The public sector can learn efficiency and innovation from the private sector, while the private sector can learn about accountability and transparency from the public sector. Both sectors can benefit from sharing best practices in areas such as customer service and resource management.
Public sector cash comes from the government (ie the tax-payer) Private sector fund come from donations (either by individuals or businesses)
Public management means the use of private-sector management tools by the government. Various private and public domain tools are used to maximize on effectiveness and efficiency.
the public sector human resource management is too constrained by the bureaucratic and hierarchical structures of government whereas the private sector human resource management is accorded a lot of flexibility in bringing new innovations . as a result public sector human resource management is always backward and deeply ingrained in the old systems and styles of management unlike the private sector which is up to date and easily adapts to global changes.
Define management and contrast the nature of management in (i) service and production industries; (ii) private and public sector organization.
Private sector are things that are owned by people. Public sector are things that are owned by the government.
private
The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.
the public sector does not aim to make a profit and the private sector does an example of the private sector would be primark public sector would be the police,fire engines. The government own the public sector whilst the private sector is owned by its own individuals.
Is a private sector
The main distinction between the private sector and the public sector is principally there ownership. Private sectors are owned by shareholders or entrepreneurs while public sectors are jointly owned by members of political communities. Public agencies are funded by taxation whereas private agencies are funded by the pay of their consumers. Public sectors are controlled by political forces and private sectors are controlled by market forces.