business sectors

1. Digital Business in the 21st Century:
Various sectors in business
By Raj Singh Bains

2. In business, there are various sectors. The type
of business will determine which sector they
belong to. This presentation will aim to explain
three of these sectors: the Private, the Public
and the Voluntary sector along with providing
some examples to give a better idea of the
types of companies in each category.

3. Private Sector
Organisations
in this sector
What do they
do?
How do they
generate
revenue?
Revenue in the private sector is raised by both private
investors and the selling of goods and services.
The main aim of organisations within this sector is to make
profit. This is then shared out between the shareholders
and owners in the form of dividends.

4. Public Sector
Organisations
in this sector
What do they
do?
How are they
funded?
Funding in this sector is primarily provided through lottery
funding, taxes, grants, and loans.
Organisations in the public sector aim to provide a high
quality public service. These organisations do not aim to
make profit. Any profit that is made is reinvested into R&D
(Research and Development) in order to provide an even
better service to the public.

5. Voluntary Sector
Organisations
in this sector
What do they
do?
How do they
generate
revenue?
This sector generates revenue by receiving grants from Governing
bodies and funds raised through the lottery.
Voluntary sector organisations provide a service to the community
without making a profit. They take part in voluntary fundraisers in
order to raise money for good causes.