The purpose of a public sector is to give service to the customers
The purpose of a public sector is to give service to the customers
Private sector's purpose is to produce; the public sector's purpose is to control, not to produce.
public sector
A sector in which the public can budget
The Public Sector Committee of the International Federation of Accountants (IFAC-PSC) assumed responsibility in 1998 for developing a set of financial reporting standards to be adopted worldwide by public sector entities.
the public sector necessity
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.
Private sector are things that are owned by people. Public sector are things that are owned by the government.
Government is public sector. Corporations and partnerships are Private sector. The government wants to support both the public and private sector to improve the economy and well-offness of the people it serves.
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.
the purpose of a private sector business is that the govements does not run it
function of public sector in india