A Brief Note On The Local Business Industry

The private sector is comprised of companies run by individuals for a profit; some examples of this are sole traders- exclusive owners of a business, a limited company, a partnership or a public limited company. The public sector is where all of the government run services fall into, like the NHS or policing services. The voluntary sector are non-profit, non-governmental charities that benefit the public, examples of this are charities such as the NSPCC and Age Concern.

Their aims are to aid people who are applicable to use their service. They are non-profit and are Governmental, which means that the Government funds the NHS by using a portion tax-payers’ money.

A public service is a service that is funded by the government or by donations to help the government deliver its actions as effectively as possible. There are two types of public services they are statutory and non-statutory services. The difference between a statutory and a non-statutory service is that a statutory service is paid by tax payers, funded by the government and is set up by the law. They are usually uniformed and highly professional an example would be the Emergency Services and the Armed Forces. A non-statutory service is a service that doesn’t receive a lot of government funding so they are paid by members or the public as they are registered as charities, they are set up by individuals and not parliament and unlike

A private sector is usually composed of organisations which are privately owned and not part of a government; whereas a public sector is composed of organisations that are owned by the government and voluntary sectors are composed of individuals of who seek help in charitable activities. Private sectors include corporations such as partnerships and charities, like the voluntary sectors, and the public sectors include corporations such as federal, provincial, state or municipal governments. An example of a private sector is a retail store or credit unions, and example of a public sector is an educational or

The scale of Business that Tesco would be is international as they are in a small amount of other countries other than Great Britain. On the other hand Dartford Borough Council is local because it only supply’s/helps one area in which it is found in.

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.

Morrison’s is a food retailer which was established in 1899. Morrison’s started off as a stall at a local market in Bradford run by William Morrison and has since grown to be the UK’s fourth largest food retailer. Morrison’s aims to, “attract, motivate and develop people to ensure that Morrison’s becomes the ‘food specialist for everyone’”. In addition to Morrison’s being a supermarket it also offers a range of other services; cafés, recycling, dry cleaning, photo printer, petrol station and pharmacy. Morrison’s is highly customer orientated as they try to provide the best service to their customers by providing them with high quality and reasonably priced items.

Public administration is just like any other administration that is for the public’s interest and its main purpose serves as a government policy. It is a course of action that is taken through government party into a policy. Public administration is the management of public programs. It is considered a public affair that works mainly with the executive branch and is part of governmental functions.

By comparison, not for profit organisations, also known as social enterprises (which includes Green Pastures), provide services to local communities. They have to register with the Charities Commission and receive a charity number to trade by. They may have a financial target in the form of making money, but then put this money back into the community to support good causes. All housing organisations in England are known as Registered Providers and are regulated by the Tenant Services Authority. Social enterprises are any organisation that has business objectives other than making a profit.

* Publics: Group that has an actual or potential interest in or impact on an organization’s ability to achiever its objectives (Financial publics, media publics, Government publics)

A public business is when they are not looking forward to making money like unicef

Publicness or public quality of public service, the recent transition toward a market driven mode

Public service works can be found in both the public and private sector. Some obvious examples of public service works would be a public school teacher, servicemen and women, and social workers. These jobs tend to contribute to the public good. Intuitively, works that wouldn’t be considered public service would be jobs that principally intent to serve for the profit of private individuals and conglomerates. With that said, I would consider private bankers and entrepreneurs as non-public service work. I think there are apparent principle or a set of criteria by which we can distinguish between public service work and non-public service work. The things to look out for are the objective of the job and who it benefits.

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.

THE ROLE OF SMALL SCALE INDUSTRY IN NATIONAL DEVELOPMENT IN NIGERIA Ayozie Daniel Ogechukwu, Delta State University, Abraka, Delta State, Nigeria, The Federal Polytechnic, Ogun State, Nigeria Abstract A business whether small or big, simple of complex, private or public is created to provide competitive prices. Business in Nigeria has been classified as small, medium and large. In both the developed and developing countries, the government is turning to small and medium scale industries, as a means of economic development and a veritable means of solving problems. It is also a seedbed of innovations, inventions and employment. Presently in Nigeria, SMEs assist in promoting the growth of the country’s economy, hence all the levels of