international. Each organisation will serve their own purpose and will have their own aspirations and achievements. Organisations nationally can be generalised under one of four main categories‚ which are as follows; • Private sector • Public sector • Charitable • Voluntary The private sector can be seen as organisations owned by individuals for individual interest. Under this category would
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* Meaning * 3 Ps of disinvestment | 4-5 | PSU * Meaning | 6 | Reasons for Disinvestment * Inefficiencies * Negative Rate of Return | 7 | Objectives of Disinvestment * To reduce the financial burden on government * To improve public finances * To introduce competition and market discipline * To find growth | 8 | Importance of Disinvestment * Utilisation of funds for: * Financing the increasing fiscal deficit * Financing large-scale infrastructure development * For
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rarely mentioned in Adam’s work but has great influence in modern economy. In details‚ he wrote: “…Every individual necessarily labors to render the annual revenue of the society as great as he can. He generally‚ indeed‚ neither intends to promote the public interest‚ nor knows how much he is promoting it…” (Smith‚ 1950: 9) [2]‚ that simply means the entrepreneur is motivated by self-interest to satisfy their need but unintentionally by doing so‚ at the end it not only benefits himself but also to other
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Assignment Three Part One: Legal Issues – These are laws set by the government. That are essentially rules that a business must follow. They are designed to keep both the consumer and the business happy and ensure that everyone is treated fairly. Vue must follow these rules or they may be prosecuted and faced with a punishment such as a fine or‚ I extreme circumstances‚ forced closure of a business. Data protection Act –The Data Protection Act is set up to stop businesses unlawfully sharing customers
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Unit 2 Assessment Assessment You should use this file to complete your Assessment. The first thing you need to do is save a copy of this document‚ either onto your computer or a USB drive Then work through your Assessment‚ remembering to save your work regularly When you’ve finished‚ print out a copy to keep for reference Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is clearly marked with your name‚ the course title
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examples of primary sector‚ there is no significantly big farm or business in primary sector. Rice farms are concentrated in Kimpo‚ fishing on west and east coast and other vegetables in Pyungchang. Primary is mostly private sector but sometimes farmers borrow land from government. Secondary sector is the biggest sector in Korea. Major secondary sector industry includes Steel‚ Electronics‚Shipbuilding‚Automobiles and Automotive Parts‚Textiles and Footwear and Construction. Secondary sector is majorly private
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Part A (Choose 4 out of 6 Qns) – 10 marks each (a) Definition for each keyword. (b) Concept relating to World Bank. a. Power b. Globalisation c. Bureaucracy d. Strategic Constituencies e. Organisational Structures f. New Public Management Part B ( Choose 2 out of 4 Qns) – 30 marks each Q1) ‘The modern perspective provides explanations that afford the analytical frameworks‚ predictive models‚ and principles for organising that managers use to diagnose problems and design organisations
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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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other developing countries and also all over the erstwhile socialist world. They aim at reducing the extent of Government controls over various aspects of the domestic economy‚ increasing the role of the private sector‚ redirecting scarce public sector resources to areas where the private sector is unlikely to enter‚ and opening up the economy to trade and foreign investment. These changes have been accompanied by a lively debate in India and have also attracted interest abroad. International opinion
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wrote letters to the FCC to fight more media consolidation. Also‚ more than 40 local and national civil rights groups voiced their concerns for the reforms. It ’s obvious that media ownership is not something that is taken lightly by the general public of the mentioned countries. But why make a big deal about who owns the media? Simple: because media is powerful. A study done by the World Bank in 2002 regarding media ownership describes Demsetz and Lehn ’s insight‚ which is that whoever owns the
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