Agenda vs Minutes Agenda and minutes are two of the most important ingredients of a meeting. There are many things on the mind of the person who arranges the meeting such as the schedule, timing, venue, the guests, the meeting plan, and so on. It, therefore, becomes necessary to be aware of the differences […]
Difference Between Accreditation and Certification
Accreditation vs Certification Accreditation and certification are complimentary processes that are similar in nature. These two terms are heard quite often in educational and corporate world where people seek if the organization or the institution is accredited and certified or not. However, the two terms are not synonymous and this article attempts to highlight […]
Difference Between Internal and External Stakeholders
Internal vs External Stakeholders Stakeholders refer to individuals, groups, or organizations that are concerned with the performance of a business. Stakeholders are concerned with business activities because they will be directly or indirectly affected by performance of the business. Stakeholders can be divided into two categories; internal stakeholders and external stakeholders. Stakeholders use a […]
Difference Between New and Brand New
New vs Brand New Most of us like to possess or own new things and gadgets in life. Buying a new mobile is as much a result of our necessity or requirement as it is to impress our friends with our tool. It is this desire to have new things in life that gives […]
Difference Between Motto and Slogan
Motto vs Slogan We come across mottoes frequently in life. These are short statements containing beliefs and ideals that are used to motivate people and organizations. There is another term slogan that is very confusing for some as it is very similar to motto. In fact, many companies have mottoes as well as slogans. […]
Difference Between Focus Group and Group Interview
Focus Group vs Group Interview Focus groups and group interviews are similar to each other in that they involve groups of individuals who provide answers, feedback and insights to the specific topics, questions or concepts presented to them. There are, however, a number of differences between the two; the main difference being that focus […]
Difference Between Takeover and Acquisition
Takeover vs Acquisition In the corporate world, the terms merger, acquisition, and takeover are quite commonly used to describe a scenario in which two companies are joined together to act as one. There maybe many reasons for two companies to combine their operations; it maybe in a friendly manner with agreement from both parties […]
Difference Between Department and Division
The key difference between department and division is their size. In general, a department is bigger than a division as a department may have divisions. Large organizations or businesses are often divided into departments or divisions to make functions more organized and orderly. Thus, people tend to use these two words interchangeably. CONTENTS 1. Overview […]
Difference Between Governance and Management
Governance vs Management Governance and management are words that hold significance in terms of running an organization in a smooth and efficient manner. While there are governing bodies and managers both serving inside an organization, their roles and responsibilities are clearly spelt out. There seems to be no difference between the two concepts with […]
Difference Between Outsourcing and Contracting
Outsourcing vs Contracting Outsourcing has become a common phenomenon in this age of globalization. The desire of the companies to be cost effective in the face of cut throat competition from economies that have cheaper labor and other cheaper competencies has led to outsourcing on a very large scale. There is another concept of […]
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