Distinguish between the public and private sector.
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Distinguish between the public and private sector.
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On the contrary, public sectorcomprises 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. Some of the public sector organizations are set up by a special act of Parliament.
A cut-throat competition between both the sectors, to prove itself better over the other sector. So, the article attempts to outline the differences between public sector and the private sector in tabular form.
Distinguishing factors between the public and private sector are as follows: