Page 49 - Microsoft Word - 00 Prelims.docx
P. 49

Corporate governance




                             Not for profit organisations

                             Not for profit organisations do not seek profitability as their main
                             objective.  Instead, they seek to satisfy the particular needs of their
                             members or the sectors of society that they have been set up to benefit.


                             Public sector organisations

                             The public sector is the part of the economy that is concerned with
                             providing basic government services and is controlled by government
                             organisations.

                             Private sector organisations


                             The private sector consists of organisations that are run by private
                             individuals and groups rather than the government.
























































                                                                                                       43
   44   45   46   47   48   49   50   51   52   53   54