Fatima M.

Chin MBA 2 November 22, 2020

Exercise 2

Using the internet or library sources, select 4 organizations – two in the private sector and two in
the public sector. Find their mission statements. Complete the following exhibit by identifying
the stakeholders that are mentioned. Evaluate the differences between firms in the private sector
and those in the public sector.

Organization Name Asia SM Philippine Government

United Investments National Service
Bank Corporation Police Insurance
System
Stakeholders
(✔ = mentioned)
1. Customers ✔ ✔
2. Suppliers
3. Managers/Employee ✔ ✔ ✔
s
4. Community-at-large ✔ ✔ ✔ ✔
5. Owners ✔ ✔
6. Others Business ✔
partners;

The private sector comprises of business which is owned, managed, and controlled by
individuals. On the contrary, public sector comprises of various business enterprises owned and
managed by Government. Such organizations are either fully or partly owned by the center or
state and come under the separate ministry.