Business

The main difference between Income and Wealth is that Income is earning money, and Wealth is having money. The quantity of money received periodically, in replace for the goods or…

The main difference between Equity and Share is that Equity is money capitalized by owners in the business, and Shares are the division of capital or equity. Equity is the…

The main difference between franchising and licensing is that franchising is generally related to the service business, whereas licensing is normally associated with the production and marketing of goods. Franchising…

The main difference between Revenue Reserve and Capital Reserve is that Revenue Reserve refers to the sum of money retained in the business, to meet future contingencies. Capital Reserve refers…

The main difference between vision and mission is that Vision declares tomorrow’s status of the company on the flip side Mission is organized to achieve the visionary status of the…

The main difference between Group and Team is that Group is gathering of people who coordinate their efforts for a common goal whereas Team is a group of people who…

The main difference between Money Order and Bank Draft is that a Money Order is a payment order for a pre-determined amount of money, and a Bank Draft is a…

The main difference between the Single Entry System and Double Entry System is that Single Entry System register a procedure with a single input and only keeps one side of…

The main difference between Supplier and Distributor is that Supplier is a company, organization or individual that provides its services to the consumer by distributor whereas Distributor is intermediate between…

The main difference between Product and Brand is that Product is a thing or an item ready for sale in the market, and Brand differentiates a product from other products….

The main difference between Cardinal Utility and Ordinal Utility is that Cardinal utility gives a value of utility to different options and Ordinal utility ranks in terms of preference. Cardinal…

The main difference between Debt and Equity is that Debt involves borrowing a fixed sum from a moneylender, which is then paid back with interest and Equity is the sale…

The main difference between HRM and SHRM is that HRM expands to Human Resource Management; it asserts the implementation of management principles for managing the workforce of an organization, and…

The main difference between Businessman and Entrepreneur is that a Businessman is a person who runs the business, undertaking an unoriginal business idea. And, an Entrepreneur is someone who first…

The main difference between Wholesaler and Distributor is that Wholesaler is an entrepreneur, who buys goods in large quantities and sell it in smaller ones, and Distributor is the vendor…

The main difference between Salary and Stipend is that Salary paid to an employee who is on the payrolls of a company and Stipend is a form of salary, such…

The main difference between Forecasting and Planning is that Forecasting, is a prediction or projection about a future event, depending on the past and present performance and trend and planning…

The main difference between Members and Shareholders is that a person whose name entered in the register of members of a company turns into a Member of that company and…

The main difference between marinara and tomato sauce is that marinara is a quick sauce and tomato sauce is a complex sauce. Marinara sauce is a quick sauce which is…

The main difference between Advertising and Publicity is that Advertising is marketing along with a promotional tool in the hands of the company which imparts a message about the company…

The main difference between Journal and Ledger is that the Journal is a subsidiary day book, where monetary transactions are recorded for the first time, whenever they arise, and Ledger…

The main difference between the Corporation and Company is that a Corporation is an association, generally a set of persons, allowed to perform an individual and acknowledged in itself in…

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…

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…

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….

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…

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 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…

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 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…