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Managing in public and private sector

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Both the private and public sectors require comprehensive planning techniques in strategic management to enable them achieve their objectives (Desmarais & Abord de Chatillon, 2010).Corporate social responsibility relates to business organizations’ involvement in non-profit activities within the society. Majority of organizations engages in corporate social responsibility to enable them create a good public image within the community that they operate. It is the responsibility of a business entity to attract interest from the public through social activities including the provision of better employment conditions, promotion of education, and managing crises within the society(Flynn, 2012, p.Apparently, both the public and private sectors understand the vitality of social responsibility within the community. Both of the sectors, therefore ensures the provision of due support to the community in issues relating to environmental conservation, education support programs, and certain awareness programs.In a normal business setting, realization of profit returns is indispensable for success. Business entities require a constant supply of finances and other revenues to foster sustainability and enable it to remain competitive in the market. Both the strategic managers in private and public sectors understand that the success of their organization greatly relies on the amount of profit that they make. Consequently, the managers initiate strategies that would ensure maximization of good profit margins.Strategic managers in both the private and public sectors understand the significance of modern technology in development of business and realization of investment success. Successful business organizations pride undoubtedly uses of advanced technology including computers and campaign strategies. Consequently, both the strategic managers in private and public sectors understand the dynamism in business management and the central importance of advanced technology in performing business operations. In all most all sectors of the economy, technology forms the most imperative tool in advertisement and production of quality goods and services. Both private and public strategic managers invest in modern technology for efficient management and realization of business objectives (Milner and Joyce, 2005, p.Strategic managers in both the private and public sectors initiates strategies that assist their procurement departments to acquire good and
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