Public & Private enterprise Essay Example | Topics and Well Written Essays - 500 words

Public & Private enterprise - Essay Example Some good and services are not suppose to be provided by the private sectors in some countries. The public goods and services are defined by economist as non excludable and non rival while private goods are excludable and rival (Kelly, 2007). In public purchasing, it is important to use ethics in order to improve the morale and loyalty of customers and workers. Ethics in management ensure that leaders behave according to the code of contact hence attracting customers and retaining the previous customers (Kelly, 2007) In the reconstruction of Tappan Zee Bridge it is important to use the Public-Private Partnership (PPP). The construction will be effective since both the private and public sector will provide services and funds. There will be merging of ideas and the construction will be effective (Kelly, 2007). In respect to the wimp video there are five types of government. Monarchy or dictatorship is the first form of government which is ruled by a king with nobles. Oligarchy is another form which is the most common form of government ruled by powerful few. Anarchy is another form which means without government. People decided to have no government due to crimes committed by the government. Government is necessary for the protection and security and anarchy is not a good form of government. Democracy type f government means a form of government the rule of the majority. Republic government means the public thing and the government is limited by the law to safeguard the public (Kelly, 2007). Private-public enterprises are a contract made between a private party and a public sector authority. In the enterprise, a private party provides a service and assumes all risks, substantial financial and technical risks in the business. Example of the private-public enterprise is health organization providing health services, water privatization, centralized units and financing like banking services