1.Ensure the essential goods and services are available for everyone equally;
2.Provide the goods and services that are too important for the security of the country;
3.Provide goods and services that cannot be provided by the private sector.
The aim of a public sector business, is to make profits just like the private sector. Public sector is run by the government on behalf of the public and mostly offer government services.
its a third sector
the economic sector asset by government for public welfare.
Public sector organizations aim to provide essential services to the community, promote social welfare, and ensure equitable access to resources. Their objectives often include enhancing public safety, fostering economic development, and improving the quality of life for citizens. Additionally, they strive for transparency, accountability, and efficiency in their operations to build public trust and effectively utilize taxpayer funds. Ultimately, these organizations work to address the needs of the population while adhering to the principles of good governance.
No.
to make money
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.
well firstly in a mixed economy, you hv both private sector and public sector (govt/ State). the MAIN obj of the mixed econmy is the private sector are their for self interest (profit) the public sector is their for the good of the nation hope it helped :)
Standards of consistency, quality, information sharing between Accountants, and transparency in reporting are the base objectives of public sectors accounting.
career objectives in the insurance sector as claim handler
public sector
Henry A. Butt has written: 'Value for money in the public sector' -- subject(s): Management audit, Management by objectives, Program budgeting, Public Finance
A sector in which the public can budget
A voluntary sector is a sector that has volunteered to provide a business, e.g a Charitable Foundation.
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.