Private Sector Purpose - To make a profit., Public Sector Purpose. - To provide the community with a service., Voluntary Sector Purpose. - To raise money for a cause. , Hierarchy structure - Ranked according to authority, Flat structure. - Flew layers of management. , Centralised structure. - Decisions are made at the top and passed down chain of command. , Decentralised structure. - Decisions are made by managers and subordinates. , Source of private sector finance. - Investors., Method of private sector finance. - Low operating costs. , Source of public sector finance. - Taxes, government funding., Method of public sector finance. - Budgeting. , Physical resources - Building, equipment and machinery , Intellectual resources - Patent, copyright and branding, Financial resources - Cash flow, revenue and assets, Human resources - Staff, skills and culture, Mission statement - Summary of aims and values, Vision statement - Long term desires to achieve,
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