* a private sectors aim is to maximise profits or increase market shares. * they set objectives to be able to acheive it * for instance to advertise more attractive things
the main objective for a business is to achieve there goal
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 :)
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.
career objectives in the insurance sector as claim handler
Is a private sector
private
Microsoft is in the private sector.
Private sector banks is a bank that is owned by the private individual. Thats bank called private sector bank.
Private sector are things that are owned by people. Public sector are things that are owned by the government.
They are the wages paid to employees in the private sector.
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.
the public sector does not aim to make a profit and the private sector does an example of the private sector would be primark public sector would be the police,fire engines. The government own the public sector whilst the private sector is owned by its own individuals.