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Conduct business in support of operations or missions.
Acquire goods and services at reasonable prices.
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Are the macroeconomic goals of employment growth and stability best met by the public sector or private sector?
Macroeconomics goals are best met by the public sector as they are the driving force of the economy.
Dicuss the interdependence of micro economics and macro economics with examples?
Interdependence Between Micro Economics And Macro EconomicsPUBLIC SECTOR: Public sector is an organization which is owned by public authorities including central state or local authorities to an extend of 50% or more. The public sector is that portion of society controlled by national, state or provincial, and local governments. The public sector overlaps with the private sector in producing or providing certain goods and services. The extent of this overlap varies from country to country, state to state, province to province, and city to city. This overlap is most often seen in waste management, water management, health care, security services, and shelters for homeless and abused people.ROLE OF PUBLIC SECTOR IN INDIA:The public sector has been playing a vital role in the economic development of the country. In fact the public sector has come to occupy such an important place in our economy that on its effective performance depends largely the achievement of the country's economic n social goals. Public sector is considered a powerful engine of economic development and an important instrument of self-reliance. The main contributions of public enterprises to the country's economy may be described as follows:* Employment: Public sector has created millions of jobs to tackle the unemployment problem in the country. Public sector accounts for about two-thirds of the total employment in the organised industrial sector in India. By taking over many sick units, the public sector has protected the employment of millions. Public sector has also contributed a lot towards the improvement of working and living conditions of workers by serving as a model employer.* Balanced Regional Development: Public sector undertakings have located their plants in backward and untrodden parts of the county. There area lacked basic industrial and civic facilities like electricity, water supply, township an manpower. Public enterprises have developed these facilities thereby brining about complete transformation in the socioeconomic...
What are the social and economic goals of a government?
The socia and economic of government goals is to provide employment for the general public
What is private cost?
The marginal private cost shows the cost associated to the firm in question. It is the marginal private cost that is used by business decision makers in their profit maximization goals, and by individuals in their purchasing and consumption choices.
Which goals are best promoted by the free market?
The goals that are best promoted by the free market are freedom and efficiency. It was tasked with goals like avoiding subsidies, government-monopolies and monopolized systems for money, and protecting the rights of private property.
Are the macroeconomic goals of employment growth and stability best met by the public sector or private sector?
Macroeconomics goals are best met by the public sector as they are the driving force of the economy.
What are public sector organistional goals?
Public sector organizational goals typically relate to improving the lives of citizens and providing services to the community. Examples of common public sector goals include: Creating economic development and opportunity Providing effective public services Promoting public safety Advocating for environmental protection Supporting social servicesPublic sector organizations also have goals of increasing organizational efficiency improving operational processes and enhancing customer service. Public sector organizations also seek to build an effective and positive relationship with their stakeholders including citizens elected officials and other organizations.
What is the Similarities and dissimilarities between public and private organisation?
Similarities: 1-In both settings,managers and those to whom they are accountable have an interest in running programs and other activities that are properly designed ,appropriately directed to meeting the goals stated for them,at least reasonably efficient in expenditure of organizational resources,and effective in their impact. 2-Public and private managers both have to be concerned with meeting their staffing needs,motivating subordinates,and financing and otherwise conducting their operations so as to promote their maximum advantage. Differences: 1-Public admins. means to administer the government organizations while private administration means to administer the private sector organization in other words it also called business administration. 2-Important elements of the managerial environment(including"politics") differ for public and private managers. 3-Public organizations,unlike private ones,entrust a fair amount of decision responsibility to citizen groups,political decision centers,courts,and boards or commissions of various types. 4-Public sector managers frequently must accept goals for their units that are set by other organizations. 5-In public sector,there is a growing tendency for governments to enter into contractual arrangements with private firms for delivery of services,unlike private sector which is dependent on itself.
Compare contrast public and private administration?
Public administration is the management of employees and resources to achieve the goals of government. Private administration is similar management with different goals, including ensuring profitability of the business for stockholders.
What is the difference between a job in the public sector as opposed to in the private sector?
# MANAGEMENT-Leadership is a part of Management and not the other way. Its because Management is a broader term ,it is managing everything. It is the art of getting things done from others. So to do this u need to have many skills and leadership is one such skill. == == Management is the art of getting things done from others. Management is a universal phenomenon and it exists in all the sectors. In case of private sector the management is very transparent. The goals are properly defined and all the employees are very well aware of their goals and are rewarded well for hard work. In case of public sector, theres not that much transparency.
Dicuss the interdependence of micro economics and macro economics with examples?
Interdependence Between Micro Economics And Macro EconomicsPUBLIC SECTOR: Public sector is an organization which is owned by public authorities including central state or local authorities to an extend of 50% or more. The public sector is that portion of society controlled by national, state or provincial, and local governments. The public sector overlaps with the private sector in producing or providing certain goods and services. The extent of this overlap varies from country to country, state to state, province to province, and city to city. This overlap is most often seen in waste management, water management, health care, security services, and shelters for homeless and abused people.ROLE OF PUBLIC SECTOR IN INDIA:The public sector has been playing a vital role in the economic development of the country. In fact the public sector has come to occupy such an important place in our economy that on its effective performance depends largely the achievement of the country's economic n social goals. Public sector is considered a powerful engine of economic development and an important instrument of self-reliance. The main contributions of public enterprises to the country's economy may be described as follows:* Employment: Public sector has created millions of jobs to tackle the unemployment problem in the country. Public sector accounts for about two-thirds of the total employment in the organised industrial sector in India. By taking over many sick units, the public sector has protected the employment of millions. Public sector has also contributed a lot towards the improvement of working and living conditions of workers by serving as a model employer.* Balanced Regional Development: Public sector undertakings have located their plants in backward and untrodden parts of the county. There area lacked basic industrial and civic facilities like electricity, water supply, township an manpower. Public enterprises have developed these facilities thereby brining about complete transformation in the socioeconomic...
Career objectives and goals for insurance sector?
career objectives in the insurance sector as claim handler
What are laws and goals that the government follows?
The laws and goals that a government follows are called public policies.
What are the growth and development in public administration?
the basic purpose of the public administration is to work for the community development that supports the idea of socialism. this can be in the form of providing education to the masses, proper health, transportation system and all. a part from this their job is to give powers to people, provide equal resources, promote businesses in the private sector, keep proper check and balances in the execution of policies to achieve desired goals. but for this, there should be the difference between policy makers and policy executers to avoid the political interference that is the basic cause of the failure of public enterprises
What are laws and goals that a government follows called?
public policies.
Who are institutional buyers?
Institutions are those organizations whose primary activities and goals are charitable, educational, community, or nonbusiness in nature. They include both public (such as libraries) and private (some hospitals) institutions
What are the functions of public administration in national development and growth?
the basic purpose of the public administration is to work for the community development that supports the idea of socialism. this can be in the form of providing education to the masses, proper health, transportation system and all. a part from this their job is to give powers to people, provide equal resources, promote businesses in the private sector, keep proper check and balances in the execution of policies to achieve desired goals. but for this, there should be the difference between policy makers and policy executers to avoid the political interference that is the basic cause of the failure of public enterprises
