Public sector companies The public sector‚ sometimes referred to as the state sector or the government sector‚ is a part of the state that deals with either the production‚ ownership‚ sale‚ provision‚ delivery and allocation of goods and services by and for the government or its citizens‚ whether national‚ regional or local/municipal. Examples of public sector activity range from delivering social security‚ administering urban planning and organizing national defense. The organization of the
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Role of the public & private sector of tourism development * Public sector has an influence in tourism business. It is essential to outline the main policy instruments used by governments in order to manage tourism. * Public bodies influence tourism sector either directly‚ through organization with responsibility for tourism‚ which include: establishment of infrastructure‚ information services and creation of tourist attractions and facilities. Or‚ indirectly‚ through foreign policies
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Subject name: Macro Economics. Assignment topic: “Private sector vs. Public sector” Submitted by: Zareen Rana 12-BS-S-82 Submitted to: Miss. Aysha Sarfraz Submission date: Private sector vs. public sector * Private sector: The part of the economy that is not state controlled‚ and is run by individuals and companies for profit. In most free-market economies‚ the private sector is the sector where most jobs are held. This differs from countries
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assignment I am researching into the structure and the role of the public sector today. The Public Sector is services which are funded from the government via taxation. The services consist of many services the main services consist of the Fire service‚ the Armed Forces‚ the National Health Service and the Education System. These services are publicly owned and paid for by taxation‚ which means that the services are accountable to the public. These services are meant to aim to provide a good quality and
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Volume 7 – No. 1 © OECD 2007 Improving Public Sector Efficiency: Challenges and Opportunities by Teresa Curristine‚ Zsuzsanna Lonti and Isabelle Joumard* This article examines key institutional drivers that may contribute to improving public sector efficiency and focuses on one of them in more detail: performance information and its role and use in the budget process (“performance budgeting”). * Teresa Curristine is a Policy Analyst in the Public Governance and Territorial Development Directorate
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Benefits of E-learning E-learning has definite benefits over traditional classroom training. While the most obvious are the flexibility and the cost savings from not having to travel or spend excess time away from work‚ there are also others that might not be so obvious. For example: It’s less expensive to produce - Using Trainersoft’s authoring software to produce your own asynchronous training programs‚ e-training is virtually free once you reach the break-even point. Synchronous programs will
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CT310: Principles of working in the public sector (optional) Organisational structures The organisation of Central Government is separated into separate government departments. Most government departments are headed by a secretary of state or other senior minister and the structure of these departments tends to reflect what functions the minister has to oversee. Some departments are known as ‘non-ministerial’ which means they are not headed directly by a minister‚ but rather by a board answerable
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PRIVATE SECTOR VS PUBLIC SECTOR ACCOUNTING STANDARD 1. INTRODUCTION The global financial crisis has demonstrated that the public sector as well as the private sector needs the highest quality accounting standards. Around the world‚ accounting in the public sector is practiced in diverse ways and struggles to achieve comparable standard in accountability and transparency. The Securities Act of 1933 gave the commission the authority to prescribe accounting standards to be followed by the companies
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Prior to the financial crises‚ most people were using banks and other financial institution to get access to cash and receive loan funding. According to Matt Scully and his article in the American Banker newspaper “Banks Heat Up Bidding for Peer-to-Peer Loans”‚ a turning point in the history of the finance world has been the bankruptcy of Lehman Brothers in 2008; as people lost confidence in financial institution and were no longer able to secure credit with reasonable terms and conditions‚ peer
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existing and considered as the largest and competitive online shopping in the world is Amazon. In this report‚ the goal comparative study of amazon‚ ebay‚ flipkart and Myntra (in respect of their growth‚market study‚ customer satisfaction‚ product lines etc and how IT strategy affected their business. . Flipkart has been mostly marketed by word of mouth advertising. Customer satisfaction has been their best marketing medium. Flipkart very wisely used SEO (Search Engine Optimization) and Google
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