Intensive Farming vs. Extensive Farming

Main Difference The main difference between Intensive Farming and Extensive Farming is that Intensive Farming refers to an agricultural system, wherein there is high-level use of labor and capital, in comparison to the land area and Extensive Farming is an agrarian technique, in which large farms are being cultivated, with relatively lower inputs. Intensive Farming […]

Accounting Concept vs. Accounting Convention

Main Difference The main difference between Accounting Concept and Accounting Convention is that Accounting concepts are the essential accounting assumptions that act as a ground for recording business transactions and preparation of final accounts and Accounting conventions are the techniques and procedures which have universal acceptance, these are followed by the firm while recording transactions […]

Demand vs. Supply

Main Difference The main difference between Demand and Supply is that Demand refers to how much buyers and Supply (quantity of a product or service) represents how much the market can offer. Demand vs. Supply The balance between the price and the quantity demanded of a product or the commodity at a certain period is […]

Prejudice vs. Discrimination

Main Difference The main difference among prejudice and discrimination is that prejudice has to do with the inflexible and irrational attitudes and opinions held by members of one group about another, while discrimination refers to behaviors directed against another group. Prejudice vs. Discrimination Prejudice has to do with the rigid and irrational attitudes and opinions […]

Ethics vs. Values

Main Difference The main difference between ethics and values is that ethics is a structure of moral principles. In contrast to values, which is the incentives of our thinking. Ethics vs. Values Ethics refers to the instructions for conduct, that address question about morality. Value defined as the principles and ideals, which helps them in […]

Introvert vs. Extrovert

Main Difference The main difference between introvert and extrovert is that introverts are the persons that are quiet and private and extroverts are the persons that are talkative and outgoing. Introvert vs. Extrovert Introverts need some alone space to clear their mind whereas extroverts generate energy by spending time with people. Introverts revive from within […]

Formal Letter vs. Informal Letter

Main Difference The main difference between the formal letter and an informal letter is that formal letters written for official or professional conversation. On the other hand, informal letters used for casual or personal conversation. Formal Letter vs. Informal Letter A formal letter is written for professional (official and business) conversation while the informal letter […]

Blue Collar vs. White Collar

Main Difference The main difference between blue collar and white collar is that blue-collar worker, whose job requires manual labor and White-collar work performed in an office or other administrative settings. Blue Collar vs. White Collar The term Blue Collar referred for the people of the working class, who perform manual labor for a firm […]

Internal Stakeholders vs. External Stakeholders

Main Difference The main difference between internal stakeholders and external stakeholders are Internal stakeholders refer to the individuals and parties, within the organization and external stakeholders represent outside parties, which affect or get affected by, the business activities. Internal Stakeholders vs. External Stakeholders Internal stakeholders are people who are already devoted to serving your organization […]

Systematic Risk vs. Unsystematic Risk

Main Difference The main difference between systematic risk and unsystematic risk is that systematic risk is the probability of a loss associated with the entire market or the segment whereas the unsystematic risk is associated with a specific industry, segment or security. Systematic Risk vs. Unsystematic Risk Systematic risk is a consequence of external and […]

Shareholders vs. Stakeholders

Main Difference The main difference between shareholder and stakeholder is that shareholder owns part of a public company through shares of stock, while a stakeholder has an interest in the performance of a company for reasons other than stock performance or appreciation. Shareholders vs. Stakeholders Shareholders are ever stakeholders in a corporation, but stakeholders are […]

Population vs. Sample

Main Difference The main difference between population and sample is that a population includes all of the elements from a set of data and a sample consists of one or more observations drawn from the population. Population vs. Sample Population implies a large group consisting of elements having at least one common feature. The term […]

Occupation vs. Profession

Main Difference The main difference between occupation and profession is that occupation is an activity undertaken by the person to earn his livelihood. It can be business or employment that a person undertakes to make money whereas profession is an activity that needs specialized training, knowledge, qualification, and skills. Occupation vs. Profession Occupation is an […]

Trade vs. Commerce

Main Difference The main difference between trade and commerce is that trade is the exchange of goods and services among two or more parties in consideration of money or money’s worth and commerce is the dealing of goods and services among the parties along with the activities such as insurance, shipment, warehousing, advertising, etc. that […]

Invoice vs. Receipt

Main Difference The main difference between invoice and receipt is that the invoice issued before the payment and the receipt issued after the payment. Invoice vs. Receipt An invoice is a request for amount while a receipt as proof of amount. Customers who get an invoice will also get a receipt when they pay. Invoice […]

Nationality vs. Citizenship

Main Difference The main difference between nationality and citizenship is that the nationality of a person illustrate his/her residence or country of birth while the citizenship of a person display that the individual is enrolled as a citizen by the government of the respective country. Nationality vs. Citizenship The nationality of a person, declare his/her […]

Solar Eclipse vs. Lunar Eclipse

Main Difference The main difference between a solar eclipse and lunar eclipse is that a solar eclipse happens when the Moon proceeds between the Earth and the Sun, obstruct all or a section of the Sun. An eclipse may be total, partial, or annular and a lunar eclipse happens when the Earth moves between the […]

Creativity vs. Innovation

Main Difference The main difference between creativity and innovation is that creativity is thinking of something new and innovation is the implement of something new. Creativity vs. Innovation Creativity is the feature of a person to generate new ideas, alternatives, solutions, and possibilities uniquely and differently. Innovation is an act of petition of new ideas […]

Art vs. Craft

Main Difference The main difference between art and craft is that art is a form of work that is the expression of emotions and craft is a form of work, which results in a tangible output, for example, molding and carving. Art vs. Craft Art generally described as unstructured and open-ended. It has no restriction […]

Normal Goods vs. Inferior Goods

Main Difference The main difference between normal goods and inferior goods is that normal goods are goods whose demand rise when consumer’s income rise and inferior goods are goods whose demand decline when consumer’s income rise. Normal Goods vs. Inferior Goods Normal goods are goods whose demand increases with an increase in consumers’ income. Inferior […]

Import vs. Export

Main Difference The main difference between import and export is that import refers to the purchase of the goods and services from other countries to the homeland while the export refers to selling goods and services from the home country to other countries. Import vs. Export Import is that formation of trade in which goods […]

Customer vs. Consumer

Main Difference The main difference between customer and consumer is that a customer purchases goods while a consumer uses or consumes goods. Customer vs. Consumer The customer, which refers to a person who buys the goods and pays the expense for it whereas the consumer is the one who expend the goods, i.e., the user […]

Authority vs. Responsibility

Main Difference The main difference between authority and responsibility is that authority is the power or right to give orders, make decisions, and enforce obedience and responsibility is the capacity or fact of having a job to deal with something, or of having domination over someone. Authority vs. Responsibility Authority is the right of a […]

Aim vs. Objective

Main Difference The main difference between aim and objective is that aim is what you hope to attain, and the objective is the action you will take to attain the aim. Aim vs. Objective Aims are concerned with motive whereas objectives are concerned with achievement. Aims are as broad common statements; Objectives are usually more […]

Teaching vs. Training

Main Difference The main difference between teaching and training is that teaching is a way to convey information that helps students to gain knowledge while training is the act of increasing the skills of a person for doing a particular job. Teaching vs. Training The goal of teaching is to promote learning and goal of […]