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Profits is important for all businesses regardless in private or public sector. This is because business by nature is about providing a solution or a product that can solve a problem for a profit. That is the very reason of doing business.
I have been doing business for the past 8 years and believe me you need to ensure that your business is generating profit at some point in time. If not than chances are you are just doing charity work.
What else can I help you with?
British gas is a private sector business what does this mean?
Businesses are owned by either the private sector, or businesses are state owned. It means that the British government does not own it; private individuals own it.
What are the difference between public sector cash management and private sector cash management?
Public sector cash comes from the government (ie the tax-payer) Private sector fund come from donations (either by individuals or businesses)
What do you mean by private sector banks?
Private sector banks is a bank that is owned by the private individual. Thats bank called private sector bank.
Is state bank of india a private sector bank?
No, the State Bank of India (SBI) is not a private sector bank; it is a public sector bank. It is wholly owned by the Government of India and is one of the largest banks in the country. SBI provides a wide range of banking and financial services to individuals and businesses.
What are examples tertairy sector businesses?
A company that provides both private and public services, these are the service industries transport, dentists, doctors, and so on.
How can the private sector respond to reduce poverty and create employment?
The private sector can aid the economy by generating profits. This will allow for them to invest in more research and in creating new businesses. Also, the taxes on their profits can be used to create anti-poverty programs.
What is the private and public sector?
I believe private sector is households interacting with businesses
What is the public and private sector about?
I believe private sector is households interacting with businesses
What is pvt sector?
Private sector is all personal businesses. Public sector is government run businesses.
What the private sector?
CItizens and businesses
British gas is a private sector business what does this mean?
Businesses are owned by either the private sector, or businesses are state owned. It means that the British government does not own it; private individuals own it.
Why profits are import to a private sector organisation?
i don't know yet that's why i ask you
Which part of the economy involves the transactions of individuals and businesses?
Private sector
What part of the economy involves the transactions of individuals and businesses?
Private sector
Why is teritiary sector important?
Teritiary sector is important to transport the goods produced by primary and secondary sectors to the market to earn profits
Characteristics of private sector?
encompasses all 'for profit' businesses that are not owned by the government.
What sector of the economy do private individuals and private business make up?
Small businesses employ about 50 percent of all private sector workers. Home-based businesses account for 53 percent of all small businesses. The latest figures show that small businesses create 75 percent of the net new jobs in our economy.
