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Codified rules, laws, and regulations which control the lawful and civilized conduct of day-to-day life and commercial affairs.

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14y ago
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2d ago

The statutory sector provides essential public services that are mandated and funded by the government. This includes services such as healthcare, education, social services, and law enforcement, among others. The statutory sector plays a critical role in meeting the basic needs of society and ensuring the well-being of its citizens.

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Q: What does the statutoy sector provide?
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What is a voluntary sector and their aims and objectives?

A voluntary sector is a sector that has volunteered to provide a business, e.g a Charitable Foundation.


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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.


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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.


Functions of accommodation sector in a tourism industry?

The functions of the accommodation sector in a tourism industry are distinct. Their role is to provide accommodation and meals to the tourists who visit a particular area.


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.


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