Private Sector by Fozia Noreen

 Fozia Noreen

 BS bridging 

Roll# 2102 

March 22, 2022

PRIVATE SECTOR:

The private sector is the part of the economy that is owned, managed, and controlled by profit- seeking individuals and organizations. The majority of private-sector businesses are not owned or controlled by the government. However, in other cases, the private sector and the government might work together to deliver a service or a commercial endeavor to a community through a public-private partnership. A private sector company can be formed via the privatization of a public entity or by the formation of a new business by private individuals. Prices are stabilized in the private sector by ensuring fair market conditions.

WHY PRIVAT SECTOR

According to Australian Government Private sector is generating almost 90% of the jobs in developing world and it also 80 of the Government revenue is provided by the Private Sector

Selection of the right person for the right job. Because in government sector there is bulk of employees that needed. Which is al Also burden on the covenant.

MORE efficient STAFF:

Staff of private sector is considered more responsible as compared to government sector employees. Because there is a check and balance by the management on them on the other hand in public sector, number of cases are reported where the employee are not performing their duties and get paid by the Government.

QUALITY OF SERVICES:

If we take example of Health and Education sector, they are expansive but the quality of services they provide are better than public e.g Schools and hospitals. According to research educated and job holder Parents prefer to send children to private schools and institutions because of advanced techniques used that helps in personality grooming of the children. Government teachers in rural areas of Pakistan are just enrolled and get paid without taking classes in the school. Number of cases are reported where school budlings are used as animal sheds. People also prefer to visit the private clinics and hospitals because of more facilities are available and their staff treats patients and their families more respectfully as there are many cases of miss behaving by Government doctors and their staffs in public hospitals.

        

ADVANCED TECHNOLOGY:

Private sector organizations accept changes more easily which is need of developing world.

Private sector is using more technologies it also helps them to save time and also makes them more efficient.

HIRE AND FIRE SYSTEM:

Selection of right version for the right job is preferred. If a person does not fulfill his responsibility completely or he or she is not completing their tasks on time. Or at last responsible.. The organization fires these Individuals Because there are. By the management.

1: AGHA KHAN HOSPITAL

Agha khan hospitals are providing quality their services nit only in Pakistan but also in many other parts of the world. It includes 325 centers.

2: SHAUKAT KHANUM MEMORIAL CANCER HOSPITAL

In 1994 this hospital was established. About 75% of the patients get fee treatment here, this is Pakistan’s first state of the art hospital

3: SHIFA INTERNATIONAL HOSPITAL

It was established in 1987 it is a 550 bed hospital this hospital offers more than 30 medical specialties also provides quality heath facilities.

4: private internet connection:

Private internet connection are available on affordable rates and packages that PTCL. It has cheeper rates for every level of society to avail this facility.

5: BAHRIA TOWN

This is Pakistan’s sone of the largest real estate group with a worth of $ 3.4 billion.

6: Beaconhouse school system

This was established in1975 in Lahore this institute is educating more than 315,000 students in 8 countries. 146 branches are operational in Pakistan.

7: Shahzad Roy child protection:

This organisation is more responsible because it’s has no favouritism indicators. It’s administration is always active and their is check and balance system is being followed. He also passed a bill from parliament on children torchers in schools.

         

8: AIR BLUE

It is the second largest private airline of Pakistan operates domestic and international flights. Its mobile phone app helps people booking tickets easily

9: private news channels:

Private news channels are nuetral and biased than government media, because they don’t have political influence. They are independent.

10: EDHI FOUNDATION:

It is a nonprofit organization in Pakistan. The services provided by this foundation are, Edhi ambulances services, funeral services, morgue services Edhi home and orphan age, soup kitchen, animal rescue center

Personal overview

Public or private sectors both have benefited and also issues. That’s why we should follow serveys and models of developed countries. That what they followed to achieve development.