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What are the advantages and disadvantages of voluntary sector?
no pay obviously Errr... No PAY because we are gready and we want money!
What is the statutory sector -?
The statutory sector involves all the organisations that are set up, controlled and funded by the government, for example public school and NHS hospitals. The statutory sector is funded by people who pay taxes and national insurance etc. This is different from the independent sector which involves organisations being run by business people who are usually in it to make profit. The independent sector is funded by the clients who use the service. Their money is used to buy supplies and pay wages etc. An example of an independent sector organisation is private schools.
WHAT ARE THE MAIN DIFFERENCES BETWEEN THE PRIVATE THE PUBLIC AND VOLUNTARY SECTOR?
The private sector is composed of businesses and organizations that operate for profit and are owned by individuals or shareholders. The public sector includes government entities and organizations that provide public services funded by taxpayer money, focusing on the welfare of citizens. The voluntary sector, often referred to as the nonprofit sector, consists of organizations that operate independently of government and profit motives, relying on donations and volunteers to address social issues and community needs. Each sector has distinct goals, funding mechanisms, and operational frameworks, influencing their roles in society.
Finance companies do what?
Loan money to people and organisations.
What are profit organisations dedicated to?
Profit organisations are dedicated to making money for businesses to continue to operate. These types of organisations include restaurants, retail stores and real estate agencies.
Why work for the financial sector?
People who work in the financial sector generally make a lot of money. Additionally, working in the financial sector will help you manage your money better.
Why join banking sector?
to get your money jacked then have no money and then be a hobo
What does the money market consist of?
organised sector
Why to join banking sector?
The banking sector is essentially where all the money in the world is at. To join the banking sector marks the start of a lucrative career.
What are the objectives of a public sector business?
to make money
How do organisations operate in the art and design industry?
Organizations operate smoothly within the art and design industry. They hold shows in art galleries, host fashion shows, and sometimes they hold benefits to raise money for causes.
Why the Indian money market called underdeveloped money market?
Because of the existence of Unorganized sector. This sector remains outside the purview of the RBI even today. It makes the money market an under developed one.
