THERE are big differences between how the private and public sectors operate. One of a Government’s main objectives is the welfare of people whereas the bottomline of a private company is just that, profit.
Over the years, there has been a slight blurring of lines between the two distinct entities. Private companies are more engaged in corporate responsibility programmes, running initiatives that benefit people. Doing so helps a company gains goodwill at the expense of focusing solely on the monetary returns, plus its what is expected of corporations these days.
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