Unit 1.1 Slides

Wednesday, 24 January 2007

Aims by Sector

· Public Sector Aims:
· To Provide A Service
· To keep within budget to survive
· Can grow by increasing number of services
· Can be more efficient by cutting costs.
· To increase market share by attracting more users of services
· To improve quality by improving better services
· Examples of Public Sectors: Local Libraries, BBC + parks



· Voluntary Sector Aims
· To Help Others
· To Raise Funds they must keep within budget to survive
· Can grow by attracting more helpers/providing services
· Can be more efficient by keeping costs down
· Can increase market share by attracting more supporters and to raise awareness

· Private sector aims (Sole Trader)

· Small firm owned by 1 person

· Main aim is to survive

· Must make a profit

· Gain satisfaction from funding a quality product

· May want to make business small so owner can keep control


· Private Sector Aims (Partnership)
· owned by 2-20 people
· main aim is to make a profit to survive
· want to provide quality produces quality products at competitive price
· May want t keep business small so partners can keep control

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