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Difference Between Quality Manual and Quality Plan
Quality Manual vs Quality Plan   Knowing the difference between quality manual and quality plan is essential if you are entrusted with the duty to introduce a Quality Management System for your department or for your organization. That is because in the rapid changing business world, maintaining quality is an essential... 
Difference Between SWOT and TOWS
SWOT vs TOWS   Though SWOT and TOWS appear to mere shuffle of letters, beyond that, there is a difference between SWOT and TOWS in terms of the sequence of analysis. In the current competitive business environment, it is a huge challenge for the managers to make decisions on behalf of the organization. Therefore,... 
Difference Between TQM and BPR
TQM vs BPR   Since TQM and BPR concepts have a cross-functional relationship, it is helpful to know the difference between TQM and BPR for a better understanding of these concepts. TQM, an acronym of Total Quality Management, is concerned about improving the productivity through quality improvements while BPR,... 
Difference Between Project Manager and Operations Manager
Project Manager vs Operations Manager   As managers play important roles in every business organization, it is handy to know the difference between project manager and operations manager. Project manager is a person who is responsible for accomplishing the project goals within the scope, specified time frame and... 
Difference Between Asset Management and Investment Management
Asset Management vs Investment Management   Knowing the difference between asset management and investment management can be helpful as asset management and investment management are terms that we hear quite frequently when discussing the management of financial resources and investments. Proper management of assets... 
Difference Between Asset Management and Investment Banking
Asset Management vs Investment Banking   Even though investment banks offer both these services, there are lot of differences between asset management and investment banking as they are quite distinct to one another. Asset management and investment banking are both services offered by banks for the purpose of... 
Difference Between Employee Involvement and Employee Participation
Employee Involvement vs Employee Participation   Knowing the difference between employee involvement and employee participation becomes important as they are two important concepts related with human resource management in organizations and appear to be similar in meaning, but they are not. Employee involvement... 
Difference Between Incident Management and Problem Management
Incident Management vs Problem Management   Difference between incident management and problem management is that incident management is about managing an unexpected situation while problem management is about managing an issue which has arisen. Knowing the difference between incident management and problem management... 
Difference Between Run Chart and Control Chart
Run Chart vs Control Chart   The difference between control chart and run chart is very narrow thus making it difficult to understand the difference. Control chart and run chart can be identified as statistical tools used in tracking the performance of the company within a particular period.Both these methods use... 
Difference Between FMEA and FMECA
FMEA vs FMECA   Both, FMEA and FMECA, are two methodologies used in the production process, and the basic fact in the difference between FMEA and FMECA is that one is the extension of the other. To further explain, Failure Mode and Effects Analysis (FMEA) and Failure Modes, Effects and Criticality Analysis (FMECA)... 
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ISO 9001 vs ISO 27001   Having a clear understanding of the difference between ISO 9001 and ISO 27001 and the objective of each are essential to decide on the appropriate quality standard for your organization. These standards help to specify the technical requirements in order to standardize the products and services... 
Difference Between ISO 27001 and ISO 27002
ISO 27001 vs ISO 27002   As ISO 27000 is a series of standards that have been initiated by ISO to ensure safety and security within the organizations worldwide, it is worthwhile knowing the difference between ISO 27001 and ISO 27002, two of the standards in the ISO 27000 series. These standards have been initiated... 
Difference Between Asset Management and Wealth Management
Asset Management vs Wealth Management   People tend to confuse between asset management and wealth management due to the appearing similarity in the two terms, asset and wealth, and use them interchangeably, but there is a difference between asset management and wealth management. Both, wealth management and asset... 
Difference Between Bank Draft and Certified Cheque
Bank Draft vs Certified Cheque   Bank draft and certified cheque are among the different services banks offer to their customers, as such it is beneficial to know the difference between bank draft and certified cheque. More specifically, bank drafts and certified cheques are both payment mechanisms that are made... 
Difference Between Factoring and Bill Discounting
Factoring vs Bill Discounting   As both factoring and bill discounting are sources of short term finance which are offered by banks and financial institutions, knowing the difference between factoring and bill discounting is nothing but helpful. Factoring and bill discounting offer sellers and traders the facility... 
Difference Between Continuous Improvement and Continual Improvement
Continuous Improvement vs Continual Improvement   As continuous improvement and continual improvement are related subjects and are connected with the production process, it is helpful to know the difference between continuous improvement and continual improvement. This article describes some of the continuous improvement... 
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