Important of equal opportunity
Task 1
T1.1 Businesses can be mainly identified in two different forms, by taking an example differentiate the limitations of those two forms of businesses The 2 different business forms are
Public
Private What is public organization ?
A public organization is where the government of the country controls it, in favor for their fellow country mate. The payment for the employees are often made by the tax collected from public. Example of private sectors are : State Prison, Government Hospital, Fire Station, Police and etc. What is private organization ?
A private organizations are owned and controlled by private parties, no interaction with state. Example of private sectors are : retail business, banks, local business and etc. Limitation of Private and Public hospital Private Sector
Public sector
Cost
Not everyone can enjoy the benefit it is very expensive
It is very low compare to private hospitals
Service
Doctors works in private sector seem to well experienced compare to public and there more than 1 doctor for patient
Doctors are not available on time and they seem to be less experienced and educated
Facilities
Filled with latest and sophisticated equipment to provide better service
Due to corruption in government most of the public hospitals still not adapt with latest technology
Environment
Clean and hygienic
Some fear of side effect due to unhygienic environment
Aim
Make profit and expand their business
Provide service at very low cost to people who can or cannot afford T1.2 What are the features of a successful business
To determine a business success or not is by the amount of profit they make and the reputation have among their customers.
Following are some key points mentioned in smallbiztrends (2013) and some are mine
Satisfy your customer - If the customers are not satisfied then there is a very low possibility of he/she coming again. Selling price should satisfy both
T1.1 Businesses can be mainly identified in two different forms, by taking an example differentiate the limitations of those two forms of businesses The 2 different business forms are
Public
Private What is public organization ?
A public organization is where the government of the country controls it, in favor for their fellow country mate. The payment for the employees are often made by the tax collected from public. Example of private sectors are : State Prison, Government Hospital, Fire Station, Police and etc. What is private organization ?
A private organizations are owned and controlled by private parties, no interaction with state. Example of private sectors are : retail business, banks, local business and etc. Limitation of Private and Public hospital Private Sector
Public sector
Cost
Not everyone can enjoy the benefit it is very expensive
It is very low compare to private hospitals
Service
Doctors works in private sector seem to well experienced compare to public and there more than 1 doctor for patient
Doctors are not available on time and they seem to be less experienced and educated
Facilities
Filled with latest and sophisticated equipment to provide better service
Due to corruption in government most of the public hospitals still not adapt with latest technology
Environment
Clean and hygienic
Some fear of side effect due to unhygienic environment
Aim
Make profit and expand their business
Provide service at very low cost to people who can or cannot afford T1.2 What are the features of a successful business
To determine a business success or not is by the amount of profit they make and the reputation have among their customers.
Following are some key points mentioned in smallbiztrends (2013) and some are mine
Satisfy your customer - If the customers are not satisfied then there is a very low possibility of he/she coming again. Selling price should satisfy both