1.2 Different sectors of operation

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8 Terms

1
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what are the different types of sectors

Private, public, third

2
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What do businesses in the private sector aim to make?

A profit

3
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What is an example of a private sector in the Uk?

Iceland LTD

4
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What is the UK public sector responsible for?

Providing a wide range of public services, such as health care and education

5
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Give me an example of a corporation that is owned by the public sector

Royal mint and ofsted

6
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How is the public sector financed?

Through things like taxation and business rates

7
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What is a Third sector organisation?

These are organisations that do not want to make a profit

8
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What do third sector organisations rely on?

Donations and fundraising