Private and Public Sectors of a Business

Feb

18

2016

A business is divided in two sectors, private sector and public sector. Private sector is the ones that is owned and run by private people and government doesn’t interfere in it. Organisations in this sector are profit intensive. Public sector is the one run and owned by the government. Organisations working under the public sector are consumer intensive as they are set up to provide public services and are a part of economic development of a country.

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