A supermarket that operates in the private sector is typically owned and managed by private individuals or corporations, rather than being government-owned. Examples include major chains like Walmart, Kroger, or Tesco. These supermarkets aim to generate profit by selling a variety of goods to consumers. Their operations are influenced by market demand and competition, unlike public sector entities.
Sainsburys is in the public sector.
Asda is a private sector company. It operates as a retail supermarket chain and was previously owned by Walmart before being sold to a consortium led by Issa Brothers and TDR Capital in 2021. The private sector encompasses businesses that are owned and operated by private individuals or organizations, as opposed to the public sector, which includes government-owned entities.
Tertiary sector
it is a tertiary supermarket
Is a private sector
private
Microsoft is in the 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.
Private sector banks is a bank that is owned by the private individual. Thats bank called private sector bank.
supermarket / retail
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.