Private sector advantages

Answer 1

Private enterprises don't have to make their financial documents public. Private enterprises can enter into contracts with other businesses without having to get the approval of the Board of Directors.

Answer 2

I've had a bit of work experience in both sectors, although I'm still young, and pretty new to the workforce. Hopefully my limited advice will help.

Advantages of the private sector:

-More opportunities for promotion as the company grows

-These jobs tend to pay higher

-More prestige, and the private sector is supposedly more efficient

-Less bureaucracy

Disadvantages of the private sector:

-Less job security

-Very competitive atmosphere, high pressure environment

-Workers' rights are sometimes infringed upon

-Fewer benefits than the public sector

Advantages of the public sector:

-Job security, it's often difficult to get fired

-Generous benefits

-More relaxed atmosphere

Disadvantages of the public sector:

-Fewer positions available

-Lower pay

-Less flexibility

Answer 3

can private sectors sell shares? can private sectors sell shares?