Published by: BhumiRaj Timalsina
Published date: 18 Jan 2022
Different types of office are established in the societies with different objectives. Some offices are established by the government in the public sector and some are established by individuals as a private sector. Some offices are established with the views of service motive and some are established with the profit motive. Therefore, on the basis of ownership and objectives, offices are divided as follow:
The government offices are the one which is established by the government for providing administrative services to the citizens and social-economic development of the country. The government approves the annual budget for such office and releases the budget for maintaining its expenditure. It follows government accounting system to record its revenues and expenditure. The employees are permanent who are appointed by the government. It is established in a country to provide security and peace. It provides administrative services to the people and involves in the social and economic development of the country. Ministry of Finance, Office of the Auditor General, department of Tax and District education office are some of the examples of government offices.
The following are the main characteristics of government offices:
A business office is one which is established by the individuals or government for the production and distributions of goods and services with a view of earning money by satisfying the consumers. They are established by the industrial, trading and service businesses. The office of industrial business buys raw materials, converts these raw materials into finished goods and sold them in the market. The office of trading business buys finished goods and sells them in the market. The office of service business renders like banking, communication, insurance, transportation, and electricity to earn a profit.
On the basis of ownership and objectives, business office can be classified as follows:
1. Office of Private Investment: The office which is established by the individuals in the private sector for maximizing profit is called the office of the private investment. The primary objective of such office is to maximize profit. They are established by sole trading, partnership firm and Joint Stock Company. They are managed and controlled by the proprietor, partners and board of directors. The office of Buddha Air Pvt. Ltd. And Panchakanya Industries Pvt. Ltd, Nepal Life insurance Co. Ltd. are examples of office of the private investment.
2. Office of Government Investment: The office which is established by the investment of government in the public sector for the production and distribution of goods and services of daily necessities at the responsible price is called the office of the government investment. It is also known as public enterprises. The primary objective of this office is to provide services to the general people. It provides goods and services of daily necessities at a reasonable price. It is managed and controlled by the board of cooperation and Joint Stock Company. The office of Nepal Airlines Corporation, Nepal Oil Corporation, Nepal Telecom Company and Nepal Electricity Authority are some examples of office of government investment.
The service motive office is one which is established by the individuals or government for providing education, health, social and cultural services to the society without the intention of maximizing profit. It is managed and controlled by the executive committee or board. It is established with the aim of providing educational, health, social and cultural services to the society without any intention of maximizing profit. The office of Nepal Red Cross Society, Maiti Nepal, Nepal Children Association and Nepal Netra Jyoti Sang are some of the examples service motive offices.