Advantages of awarding public sector services to private sector
organizations:
- Increase in quality of goods and services
- Adoption of latest technology
- Flow of huge capital
- Increase in innovation and creativity
Disadvantage of awarding public sector services to private
sector organizations:
- Prices may rise and goods and services may become unaffordable
for consumers.
- It may lead to the creation of monopoly in the economy.
- Government may loose control over business organizations.
- Decrease in government regulations.