Learning vs Acquisition The two words Learning and Acquisition can be better explained in learning a language. The inborn capacity to learn languages is a human characteristic that distinguishes them from other primates. For us, communication is not merely the ability to make others understand our intentions and feelings by using signals or sounds […]
Difference Between Dreamed and Dreamt
Dreamed vs Dreamt Dream is a common English word that is known to all of us, and we also know that the past participle of dream is dreamt which is the word that is also a simple past tense of the word dream. So, if a patient goes to a psychiatrist and tells him […]
Difference Between Marketing and Promotion
Marketing vs Promotion Promotion and marketing are corporate communication strategies that are very close to each other and often confuse people because of the overlapping. All organizations require marketing and promotion to increase their sales and to create a positive awareness about the company and its products, no matter whether they are profit or […]
Difference Between Product and Service
Product vs Service The difference between product and service has been there since time immemorial. Right from the start of the civilization when man started to make use of metals to the time when he invented fire and started on agriculture, man has been making use of both products and services. We go to […]
Difference Between Marketing and Selling
Marketing vs Selling All of us are aware of the concept of selling as we are most of the time consumers buying products and services being sold by vendors and experts. Selling is a verb that comes from the word sale. All companies that are in the business of selling a product or service […]
Difference Between Manufacturing and Production
Manufacturing vs Production Production and manufacturing are concepts that we think are quite clear in our mind. We make no attempt to question why there are some manufacturing units while there are also production units. Why is it called milk production and manufacturing of automobile parts and why is it not milk manufacturing and […]
Difference Between Efficiency and Productivity
Efficiency vs Productivity Efficiency and productivity are two very important concepts in economics and also two that confuse many because of the obvious similarities between the two. Both concepts pertain to improving production in any company engaged in manufacturing and even in agriculture or services sectors of the economy. However, there are subtle differences […]
Difference Between Comparative and Competitive Advantage
Comparative vs Competitive Advantage Both concepts of comparative and competitive advantage play a major part in decisions made by countries as to which of their produce will be exported. Whether the country has a competitive or comparative advantage will influence its decision making, ensuring that goods exported will result in higher levels of profit […]
Difference Between Adverse Selection and Moral Hazard
Adverse Selection vs Moral Hazard Moral hazard and adverse selection are both concepts widely used in the field of insurance. Both these concepts explain a situation in which the insurance company is disadvantaged as they do not have the full information about the actual loss or because they bear more responsibility of the risk […]
Difference Between Trans Fat and Saturated Fat
The key difference between trans fat and saturated fat is that trans fats are a type of unsaturated fats that have double bonds between carbon molecules while saturated fats are a type of fat molecules that have no double bonds between carbon molecules. Lipids or fats are the fourth major group of molecules present in […]