A Comparative Study of Public and Private Sectors: Objectives, Size

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Added on  2023/04/05

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This report provides a comparative analysis of public and private sector organizations, focusing on their objectives, size, scope, and organizational structure. Public sector organizations, controlled and operated by the government, aim to deliver services, such as healthcare via the NHS, and reinvest capital. Their structure can be vertical or horizontal. Private sector organizations, owned by shareholders, primarily focus on profit and can take various forms like sole proprietorships or limited companies, typically using a hierarchical structure. The report highlights the differences in their operations, objectives, and contributions to the market, referencing established research to support its findings. Desklib provides more solved assignments.
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TASK 1 (P1 and P4)
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INTRODUCTION
There are different types of business which consist different
objectives within the market. Thus, their activities and methods are
also different from each other which develop their profitability at
workplace.
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Public organisation
Following are several types of enterprise according to their
objectives, size, scope and organisation structure:
This type of business is selling their products and services in
public and financial institutions. These also are control and
operate by government so that business can attain profitability
through following all rules and regulation within the
marketplace.
They are selling shares in stock exchange through the
enterprise can create positive outcomes and reinvest capital at
workplace.
In addition to this, public sector business are also dealing in
educational activities, health care services, social aspects and
research objectives.
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Objectives of public sector
organisation
Their main objectives is to deliver the best services to customer
to protect their life.
NHS is the best example which owned as public company and
they are keep people healthy through reducing health
inequalities.
Their main aim is to help to common people and society
through different activities which provides for welfare of
people in different activities and goals.
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Size of public organisation
Size of public sector organisation in depends on number of
employees.
It also considers different types of operations.
They are serves services in various areas.
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Scope of public organisation
Public sector organisation are working in different types of
activities such as central government, small entities, health
care and energy.
Sainsbury is also working with Sainsbury's Bank PLC,
Sainsbury's Supermarket, Sainsbury's Convenience stores Ltd.
etc.
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Organisational structure
In public sector organisation three types of structure can be
followed.
In vertical structure, few people at top are working which
gives strategy to work. Further, at middle level some people
are make policy, decisions and at last level employee are
giving effective participation to work on existing strategy and
method.
In addition to this, in horizontal structure chart is
characteristics by few positions from top to bottom. In this
aspect, some people supervisor and other people are peers,
they all are equal. All people are working for common goals
and objectives
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Private sector organisation
This type of business owned by shareholders who can
appoint directors to generate operations within the
enterprise.
Their shares has limited liability to operate functions
within the marketplace.
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Objectives of private sector
organisation
Private organisation possess main objectives is to earn high
profits from different activities of the business.
They are cost leader of marketplace.
Private sector organisation determines their purpose in
different types of activities such as sole proprietor,
partnership, limited company, cooperatives, charity and many
more businesses.
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Size of private company
Size of private company is based on numbers of employee
who are working within the organisation.
In which different types of sector the cited firm belongs their
activities is also important point within the market.
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Scope of Private sector organisation
Private sector business developing their objectives in small
and medium size operations.
They are investing money to create innovation and creativity
at workplace.
In addition to this, they are also expanding activities for
enhance their profits and outcomes in different areas.
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Organisational structure of private
organisation
All private company mainly use hierarchy structure through
they can deliver effective information and maintain
profitability at workplace. In this aspect, they will easily
achieve customer loyalty towards the enterprise.
In this type of structure, followed brief guide and basic
structure which can support to structure of UK through roles
and responsibilities.
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REFERENCES
Polonsky, M. J. and Waller, D. S., 2014. Designing and
managing a research project: A business student's guide. Sage
Publications.
van Buuren, J., Koch, C. and Wright, A. M., 2014. The use of
business risk audit perspectives by non-big 4 audit firms.
Auditing: A Journal of Practice & Theory. 33(3). pp.105-128.
Westerlund, M., Leminen, S. and Rajahonka, M., 2014.
Designing business models for the internet of things.
Technology Innovation Management Review. 4(7). p.5.
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THANK YOU
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