A public company can become private by having ALL shares in its Stock Exchange purchased by an individual, a small group of investors, or another company that is privately held. "Public" refers to...
Private Sector are generally small business organizations run by private individuals or groups (not shareholders) and are not listed in the Stock Exchange. Private companies are also unregulated by a...
Private Sector Organisations aim to gain a profit and provide both a Product and a Service. They are not Government owned. An example is: Marriott Hotel.Public Sector Organisations aim to provide a...