Difference Between Six Sigma and CMMI

Six Sigma vs CMMI   Increasing competition, higher costs, and needs for consistent quality in products and services have resulted in the adoption of methodologies and techniques aimed at improving efficiency, reducing errors, maintain quality levels and improving processes and procedures. Six Sigma and the Capability Maturity Model Integration (CMMI) are two such techniques that […]

Difference Between Growth and Income Funds

Growth vs Income Funds   Individuals invest in different types of mutual funds that suit their specific financial goals. While some investors may be interested in a stable income from a low risk investment, others may be interested in a more aggressive investment aimed at gaining high growth and capital appreciation. It is important to […]

Difference Between Legal and Equitable Interest

Legal vs Equitable Interest   Both legal interest and equitable interest are forms of ownership held over assets. However, there are a number of important differences between the two. It is important to fully understand the differences between legal interest and equitable interest to avoid personal disappointment and financial loss. The article below provides a […]

Difference Between Bill of Exchange and Letter of Credit

Bill of Exchange vs Letter of Credit   There are a number of payment mechanisms that are used when conducting international business. Letters of credit and bills of exchange are two such mechanisms commonly used in international trade that facilitate lines of credit for the buyer. The major similarity between the two is that the […]

Difference Between Reward and Incentive

Reward vs Incentive   Rewards and incentives are human resource management techniques used by employers to manage their workforce effectively. Rewards and incentives are used within the workplace for motivation, to improve morale, increase productivity, and encourage workers to contribute their best quality of work. Rewards and incentives are beneficial to both employers and employees […]

Difference Between Robber Barons and Captains of Industry

Robber Barons vs Captains of Industry   The industrial revolution between the 1970s and 1980s brought forward a number of views of industrialism driven by leaders, businessman and entrepreneurs at the time known as industrialists. These many industrialists and financiers fall into one of either category; robber barons or captains of industry. Robber barons were […]