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PUBLIC COMPANY download (5) (Owned and managed by government bodies…
PUBLIC COMPANY
Open to change
Tax Benefits
Limited in liability.
Legal entities
Customer service oriented
Opportunities for employee growth
Owned and managed by government bodies
Providing public services at a reasonable cost
Operates in industries such as water,electricity,education,oil and mining,etc.
3.Industry Focus
3.Less profitable because of their primary purpose
Subjected to unfavourable govt decisions
5.Governement Interference
Relatively easy to operate in a country
6.Ease of doing business
Better placed to raise funds from the market
7.Funding
Realtively relaxed worked culture with high job security
8.Work culture
Can issue share warrants
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4.Profitability
2.Primary Purpose
1.OWNERSHIP
PRIVATE COMPANY
Both are owned by shareholders
Owned and managed by private individuals
Profit making
Operates in multiple industries such as Technology ,banking,financial services
More profitable than their counterparts
Less exposed to govt interference
Relatively difficult to operate in a country because of regulatory issues
Depends on financial strength of private entity
Competitive work culture with perfomance based career growth
Denied to private entities
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SIMILARITIES
Differences
