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What are Examples of a private and public sector organization?
Private would be something owned by an individual (The owner of a grocery stor) and Public means something government owned (The Hospital)
What are some things that would be considered a public good?
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What are the primary secondary and tertiary sector of sugar?
The primary sector for sugar is growing the sugarcane. The secondary sector would be transforming the sugarcane into sugar crystals. The tertiary sector would be selling the sugar to consumers.
Reasons for privatisation?
to promote efficiency. this is because, one common problem facing the public sector is bad attitude towards work. in that respect, if the sector is privatised, the new management would instill a strict routine check on the workers thereby increasing efficiency.
Are retirement benefits the same as life ins on an estate?
Retirement Benefits after Death?NO. Retirement benefits cease once a person dies and therefore would not be part of an estate. When a person Dies, they are no longer considered "Retired", They are after death considered "Expired".Life insurance also is not part of an estate unless there is no named beneficiary. The proceeds of a life insurance policy belong to the beneficiary named on the policy, Not to the deceased nor to the deceased estate.
What is the difference between private sector bonds and public sector bonds?
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.
Why would you work for public sector organization over a private sector organization?
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How do the objectives of public sector activities often differ from those of the private sector?
In the public sector, most of the services and production is aimed at making the lives of the public better and not really about profit making. Public sector also seeks to meet demand for services that would be impossible for one private sector investor to profitably provide.
Compare and contrast public sector and private sector?
The public sector provides services that would ordinarily be too expensive for an individual investor to provide. The private sector is however open for any producer or investor to provide competitive services to make a profit.
Is class action suit of deceased considered part of the estate?
It would be an assets of the estate. Any income from the suit would become a part of the estate.
Is a car considered part of the debt of an estate to be paid by the estate?
A car would be a part of the estate. If there is a loan on the vehicle, the estate has to determine what to do. They can sell it if it makes sense.
What employment board will show yearly salary for Public Sector jobs?
To locate the yearly salary for Public Sector jobs, one would access this information under public employee salaries. You can find this information under the Department of Civil Services.
Why does the private sector generate more revenue than the public sector?
Because the private sector is entirely geared towards creating revenue at the cost of anything else. By contrast, revenue-gathering is not a concern for the public sector, while spending any money that would otherwise be revenue in useful ways is a major concern.
What did President Hoover hope that public works would do?
Provide jobs lost in the private sector.
What scenarios would not be considered part of the informal sector?
Scenarios involving regulated industries, formal employment with legal protections, and transactions that are documented and taxed would not be considered part of the informal sector. This sector typically includes unregulated and unrecorded activities that operate outside of official government oversight and taxation.
Why private sector bank is better than public sector bank?
Private sector banks are better than public sector banks in the following aspects:They are more customer friendly and customer oriented. If they don't get customers they go out of business (Unlike public sector banks that would stay in business anyway because they are owned and run by the government)They offer more facilities than public sector banks (Because of the same reason in point a)They offer better interest rates for depositsThey offer a wider variety of products.I am not saying that public sector banks don't do all these things, just that they don't do it as aggressively or effectively as private sector banks because their existence is not dependent on customers whereas for private banks they will be bankrupt if customers refuse to bank with them.
What are the primary secondary and tertiary sectors of making cheese?
When making cheese the primary sector is considered to be the producing of the raw materials which in this case would be the milking of the cows. The secondary sector is the manufacturing process where the milk is made into the finished product so this would be the creamery and the curdling process. The tertiary sector is where the finished product is distributed to the public or to the workers which could be anything from delivering the cheese to the resellers to the actual sale of the cheese by the shops.
