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This is one of the basic economic questions. But these judgments are based on decisions governments make, maybe in a year or even in a day. They may choose to provide better education and healthcare, or improve the public transportation system.
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There are any core public services that the private sector should not sponsor?
ea
Difference between public and private sector?
Ownership of the public sector of a certain country is shared equally by all citizens of that country. There should be certain laws that specify how does the PS get revenues and how does it spend them, how does it hire & fire employees, lowest and highest possible salaries ...etc. While ownership of any private sector entity is limited to the persons who paid up the capital to form it. Those persons may or may not be citizens of that country. Each private sector entity could invent its own rules of hiring & firing and payouts ...etc.
How can business organization helps the community?
The first thing that the business organization should do is to provide good quality products at a reasonable cost and make them accessible to a large population It should try to provide employment while following an in-discriminatory policy. Because it has large financial resources at its expense, it should try to set up educational institutions for the public and help with other community service project not just financially but also using its storehouse of skills.
Why should you want to join banking sector?
bank sector gives security,good growth and feels safe side .if your in any mnc or any other companies you dont know when recession will be and when u loose your job there is no such problem in banking sector
If you send a check to someone and there are no funds do the bank still pay it?
That depends on the bank. Some banks offer overdraft protection, meaning they cover the check and deduct the amount for the check plus a fee for the service from your account which could result in a negative balance. You should check with your bank to see if they provide this service to you.
How can customer service contribute to best value in a public sector organisation or a third sector organisation?
Customer service can contribute to best value in a public sector organization or a third sector organization in various. Such organizations should monitor customer feedback which will improve service delivery.
Should public sector be privatised?
No, public sector should not be privatised because it was owned by the people.
Why does normative analysis play a more significant part in analysing public sector activities than private sector activities?
Because normative analysis inherently deals with 'what should be'. Public sector activities are politically-motivated and chosen, so they reflect what the public believes 'what should be'.
There are any core public services that the private sector should not sponsor?
ea
What steps should a service company take to provide exceptional service quality?
what steps should company take to provide exceptional service quality
Is the public sector more efficient than the private sector?
Generally the private sector is more efficient because efficiency means lower cost and more profit. The public sector doesn't have to worry about profit so there is no incentive to be efficient.
Should public schools provide students with birth control?
no
Should public sector be privatised or not?
The public sector exists because citizens agree upon services that should be provided but can not be provided by the private sector.ie. roads, post office, national defense, air/water quality, food quality assurances, education, etc.If the private sector can provide the same level of service at a better cost then the private sector should provide those services.However, public sector markets work in areas called "failed markets". Failed markets preclude private solutions since there is inadequate or no revenue generated for the service provided.Case in point - clean water. Government oversee and provides clean water to citizens because it is something Americans believe should be available to all Americans.An example of counties with little or no public work are third world states. Africa, some central American, and south American states, etc. In these countries a small portion of the population has nice homes, public safety, roads and medical care. The state does not provide these services for the majority of the population and most people can not afford to hire private contractors to build nice roads to their house or hire doctors or educate their children. These countries are closer to a pure capitalist or private sector system. These countries have at some level, decided that the level of public good required for fellow citizens is very low by American standards.At the other extreme are countries like Cuba. Cube may actually have a better medical system (at lease on the preventative level) than the USA. But the nation state control is excessive so there is little incentive for people to start up businesses and therefore jobs are scarce and innovation is limited.The US historically has been leery of too much government but also believes in opportunities for all. The question of whether the public sector should be privatized starts with what do you think is best. Provide a level of clean water/air, education, transportation, health care and defence so that your citizens have an opportunity to realize their potential or not. If you chose "not" - then you are looking at a more capitalistic or communistic system that either under or over protects and thereby provides no incentive for personal initiative.The correct balance is a moving target and keeps thinking people thinking about calibrating public and private sectors roles in a nation state's economy.
What you should do in a hotel front office?
provide the best customer service.
Difference between public and private sector?
Ownership of the public sector of a certain country is shared equally by all citizens of that country. There should be certain laws that specify how does the PS get revenues and how does it spend them, how does it hire & fire employees, lowest and highest possible salaries ...etc. While ownership of any private sector entity is limited to the persons who paid up the capital to form it. Those persons may or may not be citizens of that country. Each private sector entity could invent its own rules of hiring & firing and payouts ...etc.
Strategic market research for technology requirements should be?
Broadly-focused so that both public and private sector activities are included in the research.
What is public economics?
Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. At its most basic level, public economics provides a framework for thinking about whether or not the government should participate in economics markets and to what extent its role should be. In order to do so, microeconomic theory is utilized to assess whether the private market is likely to provide efficient outcomes in the absence of governmental interference. Inherently, this study involves the analysis of government taxation and expenditures.
