The Purpose Of A Public Sector

Submitted By alex10037211
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A public sector company is essentially a presence of government in the form of a business activity. The type of company can vary, depending on how its funding source is established. The government level can be national, state or local. St. Augustine’s is an academy. Academies are publicly-funded independent schools that provide a first-class education. St. Augustine’s Academy’s purpose is to educate students. The government funds the school with money to make it improve in education wise and technology and the aspects of the school like creating a new building. The school can hold up to 500 students and each student is worth a certain amount of money, so if the school gets more students in the more money the government will give them.The purpose is to make a profit. Tesco is owned by shareholders. Shareholders have limited liability. Limited liability is the liability of a firm's owners for no more than the capital they have invested in the firm. Tesco PLC is a British multinational grocery and general merchandise retailer In the United. A public limited company (legally abbreviated to PLC) is a type of public company (publicly held company) in the United Kingdom Kingdom. A PLC can be either an unlisted or listed company on the stock exchanges Tesco offers financial services through Tesco Bank, formerly a 50:50 joint venture with the Royal Bank of Scotland. Products on offer include credit cards, loans, mortgages, savings accounts and several types of insurance, including