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Compare a private and a third sector organisation in terms of a. ownership; b. control; c. finance. (3 marks)

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Compare a private and a third sector organisation in terms of a. ownership; b. control; c. finance. (3 marks)

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Extension: add public sector to this answer too!

Created by

Claire
Claire
United Kingdom

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Compare a private and a third sector organisation in terms of a. ownership; b. control; c. finance. (3 marks)
 

Compare a private and a third sector organisation in terms of a. ownership; b. control; c. finance. (3 marks)Online version

Extension: add public sector to this answer too!

by Claire
1

A private sector is funded by donations whereas a third sector is funded by invested equity.

2

A private sector is owned by private individuals whereas the third sector is owned by founders.

3

Both the private and third sector aim to survive.

4

The private sector is controlled by the government whereas the third sector is controlled by trustees.

5

The third sector includes charities whereas the private sector includes a sole trader.

 
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