Scheduled Banks vs. Non-Scheduled Banks

The main difference between Scheduled Banks and Non-Scheduled Banks is that Scheduled Banks include all the commercial banks like nationalized, foreign, development, cooperative and regional rural banks and Non-Scheduled Banks are the banks that do not attach or cling to the norms prescribed by the Reserve Bank or Central Bank. The banks that are enlisted […]

Share vs. Stock

The main difference between Share and Stock is that Shares mean ownership in a particular company, and Stock means ownership in any company, in general Shares are the compact or smallest unit by which the ownership of any company or anybody ascertained, whereas stocks are the collection of shares of multiple companies or are a […]

Job vs. Profession

The main difference between job and profession is that Jobs are activities performed in exchange for monetary value and profession is a vocation that is based on specialized educational training. Job is a task while the profession is a promise or vow made on entering an order. Job is the activity performed in exchange for […]

Internal Recruitment vs. External Recruitment

The main difference between Internal Recruitment and External Recruitment is that Internal Recruitment is a process of filling job openings or vacancies with current employees from within the organization, and External Recruitment is a process of filling job vacancies with fresh candidates from outside the organization Internal recruitment is a procedure whereby the employees are […]

Brand Identity vs. Brand Image

The main difference between Brand Identity and Brand Image is that Brand Identity is how the brand owner defines his brand, and Brand Image determines how the ultimate consumer perceives the brand. Brand identity is how the company presents the brand to the market, how it wants its customers to view its brand. Brand Image, […]

Upward Communication vs. Downward Communication

The main difference between Upward Communication and Downward Communication is that Upward Communication is a process of sending a message from subordinate to superior, and Downward Communication is a process of sending a message from a superior to a subordinate. Upward communication is the communication where information or messages flows from the down or bottom […]

Entrepreneur vs. Manager

The main difference between the entrepreneur and manager is that an entrepreneur is the owner of the company and a manager is the employee of the company. An entrepreneur is the owner of a business, so he bears all the financial and other risks. A manager is an employee who works for a salary. An […]

Accounting vs. Auditing

The main difference between Accounting and Auditing is that Accounting is an act of orderly capturing the day to day monetary transactions of the business and classifying them into various groups, and Auditing is an activity of verification and evaluation of financial statement. Accounting is an action of maintaining the monetary records of a company […]

Internship vs. Externship

The main difference between Internship and Externship is that in an Internship the interns get experience by actively participating in the job, and in Externship an extern has to play a shadow role in observing an expert performing the job and learning from it. An internship is a task or work experience program that enables […]

Marginal Costing vs. Absorption Costing

The main difference between Marginal Costing and Absorption Costing is that Marginal costing doesn’t take or bring fixed costs into account under product costing or inventory valuation. Absorption costing, on the other hand, takes both fixed costs and variable costs into account. Marginal costing doesn’t take fixed costs into record or account under product costing […]

Job vs. Career

The main difference between Job and Career is that Job is a position of regular employment, that paid, and Career implies progress of an individual in a particular profession or a company. Job is an activity through which an individual can earn money. It is a regular activity in exchange for payment. A career in […]

IRR vs. MIRR

The main difference between IRR and MIRR is that IRR (The internal rate of return) is an interest rate whenever NPV is equal to zero and MIRR (Modified internal rate of return) is the rate of return whenever NPV of terminal inflows is equal to the outflow. The internal rate of return (IRR) metrics is […]

Structured Interview vs. Unstructured Interview

The main difference between a structured interview and the unstructured interview is that a structured interview is where all the questions prepared from beforehand and an unstructured interview is an interview which does not pursue any specific format or style of questions. A structured interview is a kind of interview in which the inquirer asks […]

Responsibility vs. Accountability

The main difference between Responsibility and Accountability is that in Responsibility, a person does what he/she is asked to do and in Accountability, a person agrees to do, what he/she is supposed to do. Responsibility is task-oriented. Every individual on a team may be responsible for a given task that is required to complete a […]

Domestic Marketing vs. International Marketing

The main difference between Domestic Marketing and International Marketing is that Domestic marketing relates with only a single market while International Marketing relates to several different countries and markets. Domestic marketing is the creation or production, promotion, distribution, and sale of products and services in a local market whereas the international market is the creation […]

Domestic Business vs. International Business

The main difference between Domestic Business and International Business is that Domestic Business is the trade which takes place within the geographical boundaries of the country, whereas International Business is the trade which occurs between two countries internationally. Domestic business defined with the view of areal limits in mind; international business is not limited and […]

Formal Organization vs. Informal Organization

The main difference between Formal Organization and Informal Organization is that Formal Organization is an organization in which job of each member clearly defined, whose authority, responsibility and accountability fixed, and Informal Organization is formed within the formal organization as a network of the interpersonal relationship when people interact with each other. The formal organization […]

Manufacturing vs. Production

The main difference between manufacturing and production is that Manufacturing is a process of transforming raw material into a finished product by using many processes and Production is a process of converting inputs into outputs. When the raw material is used as an inlet to produce goods with the use of machinery is known as […]

HRM vs. HRD

The main difference between HRM and HRD is that HRM (Human Resource Management) relates to all aspects of the human resources function and HRD (Human Resource Development) only relates to the development part. HRM refers to how the principles of management can be applied to effectively manage the employees working in an organization and HRD […]

Revenue vs. Profit vs. Income

The main difference between Revenue, Profit and Income is that Revenue only deems the amount of income a business originates through the sale of its goods or services whereas profit is the figure of income that remains after all expenses, costs and taxes accounted for, and income refers to net profit, i.e., what remains after. […]

Demand vs. Supply

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. The balance between the price and the quantity demanded of a product or the commodity at a certain period is called demand. To the contrary, […]

Formal Letter vs. Informal Letter

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. A formal letter is written for professional (official and business) conversation while the informal letter used for personal communication. A formal letter […]

Blue Collar vs. White Collar

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. The term Blue Collar referred for the people of the working class, who perform manual labor for a firm and get paid salary on an hourly […]

Customer vs. Client

The main difference between a customer and client is that a customer is the one who buys material goods and services from any business or stores whereas, a client is the one who only receives official and professional services. Customers are mainly the people who intend to buy the products or services which a company […]

Internal Stakeholders vs. External Stakeholders

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 are people who are already devoted to serving your organization as board members, staff, volunteers, and donors. […]

Formal Writing vs. Informal Writing

The main difference between formal writing and informal writing is that we use formal writing for professional and academic purposes whereas, we use informal writing for un-professional and private purposes. There are two main styles of writing in English. These are, formal and informal. These two specific styles are distinguished to classify the writing accurately […]

Systematic Risk vs. Unsystematic Risk

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 is a consequence of external and uncontrollable variables, which are not business or […]

Shareholders vs. Stakeholders

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 are ever stakeholders in a corporation, but stakeholders are not always shareholders. A shareholder […]

Population vs. Sample

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 implies a large group consisting of elements having at least one common feature. The term sample, which is nothing but […]

Trade vs. Commerce

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 completes that […]