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Public Sector Vs Private Sector: by Team 5' Mba H
Public Sector Vs Private Sector: by Team 5' Mba H
Vs
PRIVATE SECTOR
By Team 5
MBA H
Private Sector
Run by private or individual groups
Profit oriented
Ex: Sole traders, Partnership, etc.
Objectives of Private
Sector
Market
Power
Recognition
Satisfying
Customers
Profit
Year
1
Reputation
& Image
Quality
Efficiency
Skilled
Employees
Business
Earning a
Fortune
Environment
Global
Reputatio
Ethical
n
Issues
Year
10
Public Sector
Run by Government
Usually provides good & services to citizens
Ex: Police Force,Hospitals,etc.
Sector
Objectives of Public
Functionality
Serves
Citizens
needs
Access
Year
1
Employment
Countrys
reputation
Affordability
Quality
Equity
Business
Year
10
Telecommunication Industry
Employees
Job Security
Authority & Belongingness
Responsibility
Promotion policies
Employee welfare
Grievances
Innovation
Organization Structure
Policies