Voluntary vs Compulsory Redundancy Voluntary redundancy and compulsory redundancy are terms we hear when a company is undergoing a transition and decides to downsize the workforce. In today’s economic scenario where unemployment is on the rise, redundancy is a dread word enough to send shivers down the spine of employees. Redundancy is a normal practice […]
Difference Between Manager and Administrator
Manager vs Administrator Manager and Administrator are terms quite often interchangeably used by people. There are obvious differences between a manager and an administrator, but for a vast majority of people, these two are interchangeable terms. In many companies, especially small ones, the person who is in charge of administration is essentially the same one […]
Difference Between M&E and MIS
M&E vs MIS M&E and MIS are two terms often talked about in the corporate world, and in large organizations. M&E refers to monitoring and Evaluation and MIS refers to Management Information System. In businesses and organizations, collection of data concerning different departments and their analysis is important to assess past performance so as to […]
Difference Between HR and Public Relation (PR)
HR vs Public Relation (PR) HR and Public Relation or PR are terms very frequently encountered in the corporate world. Both are utilized by an organization to maximize returns on investment. HR stands for Human resources and pertains to the workers or employees of an organization, though it has now come to refer to human […]
Difference Between Manufacturers Guarantee and Warranty
Manufacturers Guarantee vs Warranty Manufacture guarantee and warranty are terms we hear when purchasing new items. The concept of guarantee is very old in selling products and services and is virtually promises about the quality of the product to the consumer. They are vital to safeguard the interests of the consumers. People in general feel […]
Difference Between Flop and Commercial Failure
Flop vs Commercial Failure Flop and commercial failure are used in connection with anything that has been introduced in the market but has not been a success. All products and services are launched to earn money and to make the project successful. Many a times, too much money is spent in advertising and promotion to […]
Difference Between Policy and Procedure
Policy vs Procedure Policies and procedures are two words often talked about in any organization. They are extremely important and no organization can work in the absence of policies and procedures. But there are so many similarities in the two concepts that many often use the words interchangeably, which is not correct. This article intends […]
Difference Between Workgroup and Team
Workgroup vs Team Workgroup and Team are two terms that are used in the field of organizational behavior. They are often confused due to the similarity in their meanings. Strictly speaking there is difference in their concepts and connotations. Workgroup consists in the combination of people organized to do a kind of work. A team […]
Difference Between Corporation and Cooperatives
Corporation vs Cooperatives Businesses can take many forms and corporations and cooperatives are two examples of businesses only. Like corporations, cooperatives are also managed by people but the basic difference lies in the motive that brings people together in corporations and cooperatives. In the case of cooperatives, people come together for common good and the […]
Difference Between Solicited and Unsolicited Proposals
Solicited vs Unsolicited Proposals Solicited and unsolicited proposals are oftentimes called business proposals and are both considered as an important part of any sales process. Proposals as usually tossed around the business universe and most buyers and sellers have come across a proposal or two. But what is the difference between unsolicited and a solicited […]
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