There are different ypes of organstions with different purposes and different scales, first of there are public sector companies, public sector companies are owned by the government rather then individuals, these include but are not limited to the NSH , the police force and so on, public sector companies are not set up to make profit but rather to help people of the country by providing various services, for example the NHS tries to keep the nation healthy so there enough working people and aim of the police force would to keep the rate low, the second secor is called private sector, private sector companies are owned by individual or individulas, these comaines are set up to genartate profit either through providing a product or service, these are the most common type businesses, unlike the public sector most of the business in thie section are competing with each other for the cunsumers attention. Finaly there is the voluntary sector, voluntary sector, companies In this sector are set up to raise money for charity, this companies in this sector are owned by individual/ individuals just like the private sector but there goal is not to make profit but rather raise to help popele in need #
Size and scope
Businesses can come in all seizes, the size of a business can be detrmined by many different factors for example the number of staff employees, the amout of profit it generates and on what scale it operates
Business can operate on different scales, these include localy,
Businesses and industries that are not owned or controlled by the Government. Private Sector organisations operate privately to make a profit with income generated from the sale of their products or services. Although many private sector firms are owned and controlled by individuals, many are owned by groups of people; for example, companies may be owned by shareholders, who have invested in that company.
There is a reason the term “small business” is vague; it reflects the lack of a generally accepted definition. The U.S. Small Business Administration (SBA) has established numerical definitions of small businesses. These size standards vary to reflect industry
Describe from your perspective the appropriate roles of the private sector versus the federal, state, and local government (i.e., should private sector have more control, or government) with regard to the nation’s healthcare system.
I understand the seven core public sector values apply to every public sector employee. By using these values to guide my day-to-day work practices and relationships, I know that I will contribute to the wellbeing of others and the organisation. With over twenty-five years working in Education both Australia and international schools in different countries, I understand the factors that potentially can marginalise students and colleagues and consequently always make inclusive practices a priority. Similarly, working to an agreed framework of guiding values and principles .
On a macro level, public administration and business management are similar in their overall functions. “At the broadest level, some organizational theorists contend that administration is administration whatever its setting, and that the problems of organizing people, leading them and supplying them with resources to do their jobs are always the same (Kettl, 2012, p. 38).” In his paper, “Public and Private Management: Are They Fundamentally Alike in All Unimportant Respects?,” Graham T. Allison explains that in comparing public and administration and business management, “it is possible to identify a set of general management functions (Allison, 2012, p. 4).” Regardless of their end goal, each administration must form strategies by setting goals, priorities and creating procedures. Public and private organizations must manage internal components by organizing staff, defining job responsibilities, hiring and managing personnel and creating budgets. Furthermore, they must manage external constituencies such as other agencies, the press and public (Allison, 2012, p. 5). His observations stem from Wallace Sayre’s famous words, “public and private management are fundamentally alike in all unimportant respects (DiIlulio, 1993).”
Public services and public sector organisations, including voluntary sector, are all funded by the central government, which has a significant role to play. Many of the benefits of local transformation will accrue to central government departments such as the Department for Work and Pensions and Ministry of Justice. Furthermore, these departments need to consider the outcomes they want to achieve and the price they are willing to pay for them if localities take the lead. The Budget sets out an opportunity for government to build on the economic devolution achieved so far and focus on how public services could be commissioned and delivered locally to achieve better outcomes (Smith, 2015).
DESCRIBE THE TYPES OF BUSINESSES, PURPOSE AND OWNERSHIP. INCLUDE IN THE DESCRIPTION, THE LIABILITY OF THAT BUSINESS.
1. Size- A company can generally be classified using the companies act 2006 as small, medium or large. According to the Office of National Statistics (http://www.bis.gov.uk/files/file51198.pdf) the definitions of small medium and large
A REVISION OF THE CURRENT IMPACT OF US LAW ON PUBLIC SECTOR (May focus on CRA, ADEA, FLSA, ADAA, IDEA, FMLA)
Private Sector - business 's in this sector are owned and run by individuals as opposed to one large governing body. This can vary from sole traders (such as contractors, or any one trading or running a business by themselves.), partnerships (a business run by joint owners who share in the profits and expenses equally, as a joint venture) & companies Both Public ( 'A public company is a company with securities (equity and debt) owned and traded by the general public through the public capital markets. Shares of a public company are openly traded and widely distributed ' -
Private Sector Organizations: Private Sector Organizations operated and owned by the private individual instead of government and usually aimed to make profit for its shareholders. Around the world the most business activities are in private sectors. Some of the well – known private sectors organizations are: Coca-Cola, Google, and Amazon.
What a business does relates directly to where a business is located. Local rules and regulations dictate what businesses are or are not allowed to do in regards to managing their operations. Certain aspects need to be considered before choosing a location. As an accountant at a small accounting firm, one of my clients is looking for accounting advice on opening a small river rafting business.
Compare Public Management Reform in the UK with Singapore. What does the comparison tell you about the factors that shape public management in each country?
When we examine public sector versus private sector, plenty of differences come to mind. In defining each, we learn a private sector in an economy consist of all businesses and firms owned by ordinary members of the general public. It also consists of all the private households in which people live. The public sector in an economy is owned and controlled by a government. It consist of government businesses and firms and goods and services provided by the government such as the national health service, state
Collecting, mining and storing information has become a huge commodity in today’s fast-paced technology centric world. Information has transitioned from ancillary data to lucrative assets that can give a company a competitive edge or provide the means for governments to combat threats against critical infrastructure. In most cases, the data has legitimate uses for both enterprises and government agencies. Metadata, commonly defined as information about information, can also be of tremendous use. Metadata and data have become a regular currency for citizens to pay for their communication services and security; a trade-off the users have accepted for the convinence of using the technology (Van Dijck, 2014, p. 197).