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Differentiate between private sector and public sector ? |
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Answer» \tBasisPrivate SectorPublic SectorConceptPrivate sector is that part of the economy in which private\xa0entrepreneur operates.Public sector is that part of the economy in which state acts as an entrepreneur.Basic objectiveEarning Profit.To serve the citizens of the country.AreasPolice, Army, Mining, Health, Manufacturing, Electricity, Education, Transport, Telecommunication, Agriculture, Banking, Insurance, etc.Finance, Information Technology, Mining, Transport, Education, Telecommunication, Manufacturing, Banking, Construction, Pharmaceuticals etc.ExampleReliance Industries.Mahanagar Telephone Nigam Limited (MTNL).\t Thnxxx yaar.... sia..... |
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