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service industry

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15y ago

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How private sector is better?

Private sector's purpose is to produce; the public sector's purpose is to control, not to produce.


Do male and female sign allowed used at food industry?

Within the food industry many signs are utilized. The male signs are used for public and private restrooms within the food industry. Female signs are utilized for private and public restrooms in the food industry.


Why are both public and private schemes important for the industry?

public schemes are funded by the tax payer's money so they benefit the public whereas private creates business for company's.


Why are both public and private schemes important for the construction industry?

public schemes are funded by the tax payer's money so they benefit the public whereas private creates business for company's.


Is dolce and gabbana a public company?

Dolce and Gabbana is not a public company. This is a private company which is in popular worldwide in the fashion industry.


Why is it difficult for private industry to provide public goods?

Private industries mainly work for profit purpose. If they provide public goods then it has to be priced at lower rates which will diminish their profit margins. Thus, it is difficult for private players to provide public goods.


Which of the following is NOT a reason for the rapid growth of the private security industry?

public law enforcement agencies requesting the help of private security


What does it mean to privatize an industry?

To privatize an industry mean to transfer ownership of something from the government to the private sector, or to the public, which increases competition.


What factors prevents private companies from deciding to produce public goods?

The profit motive


3 sectors of industry?

there are 3 sectors of industries:- private sector public sector joint sector


What is the characteristic of a nationalised industry?

nationalisation, is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.


Can private companies issue prospectus?

No, private companies cannot issue a prospectus as it is a formal legal document that is required to be filed with regulatory bodies when a company makes an initial public offering (IPO) to the general public. Private companies typically operate without issuing public offerings and therefore do not need to produce a prospectus.