The key difference between system theory and contingency theory is that system theory focuses on the internal dynamics of an organization’s structure and behaviour whereas contingency theory focuses on the external factors of the organization’s behaviour and structure. Both theories are considered as recent developments in management theories. Also, it is important to note that […]
Difference Between Organizational Learning and Learning Organization
The key difference between organizational learning and learning organization is that organizational learning focuses on learning by experience and knowledge gathered from day to day activities whereas Learning Organization focuses on learnings to enhance competencies and capabilities of employees. Also, we can consider organizational learning as a process, and learning organization as a structure. Organizations […]
Difference Between Classical and Neo Classical Theory
The key difference between classical and neo classical theory is that the classical theory assumes that a worker’s satisfaction is based only on physical and economic needs, whereas the neoclassical theory considers not only physical and economic needs, but also the job satisfaction, and other social needs. The classical theory came into public in the […]
Difference Between Motivation and Morale
The key difference between motivation and morale is that morale is a feeling of enthusiasm and encouragement that comes from an individual, whereas motivation refers to an individual’s drive to get a task done. Motivation and morale are two concepts for establishing a positive work environment. Both these can ultimately contribute to high productivity, and […]
Difference Between Social Intelligence and Emotional Intelligence
The key difference between social intelligence and emotional intelligence is that social intelligence is basically a person’s ability to interact with others whereas emotional intelligence is a person’s ability to recognise one’s own feelings and other’s feelings. Intelligence is often measured by IQ tests. However, Intelligence is much more complex and not measurable at all […]
Difference Between Contingency and Situational Leadership
The main difference between contingency and situational leadership is that contingency leadership theory considers that a leader’s leadership style should match the right situation, whereas situational leadership theory considers that a leader should adapt his style to the situation at hand. Contingency and situational leadership styles are equal up to a certain extent as it […]
Difference Between Trade and Business
The key difference between trade and business is that trade involves buying and selling of goods, whereas business involves all activities performed by a business entity including, buying and selling, advertising, marketing, etc. The two terms trade or business generally include any activity an individual or a group of individuals carry out for the generation […]
Difference Between EBITDA and Operating Income
The main difference between EBITDA and Operating Income is that EBITDA measures a company’s profitability and helps to determine a business’ earning potential while operating income measures a company’s profit after subtracting operating expenses including outgoing general and administrative costs. Both Operating income and EBITDA are important accounting measures which help to derive the financial […]
Difference Between Trait and Behavioral Theories of Leadership
The key difference between trait and behavioral theories of leadership is that trait theory states that leaders have inborn traits, whereas behavioral theory rejects inborn virtues of leaders and states that leaders can be trained. Theories of leadership are schools of thought that explain how certain individuals become leaders. Trait and behavioral theories are two […]
Difference Between Proactive and Reactive Strategies
The key difference between proactive and reactive strategies is that the proactive strategy is avoiding the situation by foreseeing, whereas reactive strategy is responding after an incident has occurred. These two approaches are widely used in businesses as well as normal day to day lives of people. Although proactive and reactive strategies are equally important […]
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