Difference Between Industrial Relations and Human Resource Management

Difference Between Industrial Relations and Human Resource Management

Industrial Relations vs Human Resource Management   Difference between industrial relations and human resource management is that industrial relations is about establishing relationships among the stakeholders while human resource management is about managing the human resource in an organization. This article analyses these two concepts and the difference between industrial relations and human resource management […]

Difference Between Benchmark and Baseline

Difference Between Benchmark and Baseline

Benchmark vs Baseline   Difference between benchmark and baseline is that benchmark is comparing the performance of a company with the best practices in the industry; baseline is setting up a framework before any project starts, that can be used as a basis for implementation. Both these techniques are performance measuring tools. This article analyses these two […]

Difference Between Onboarding and Orientation

Difference Between Orientation and On Boarding

Onboarding vs Orientation   Difference between onboarding and orientation is that onboarding is the process of integrating new employees to the company while orientation is the process of introducing a new employee to the job. These two concepts are related to recruitment that is a main function of human resource management. This article presents to you […]

Difference Between Bank Owned and Foreclosure

Difference Between Foreclosures and Bank Owned

Bank Owned vs Foreclosure   Foreclosed homes and bank owned homes (or REO) are terms used often in the Property market and an understanding on the difference between bank owned and foreclosure is important for those dealing with buying and selling properties. Foreclosure and bank owned homes are homes that have been repossessed by a bank […]

Difference Between Accruals and Prepayments

Difference Between Accruals and Prepayments

Accruals vs Prepayments   Both accruals and prepayments are equally important in accounting, and therefore, clear understanding on the key difference between accruals and prepayments is important for an accountant to ensure that they are accurately recorded. Accruals and prepayments are known as adjusting entries in the study of accounting. Both accruals and prepayments are important […]

Difference Between Business Risk and Financial Risk

Difference Between Business Risk and Financial Risk

Business Risk vs Financial Risk   Since business risk and financial risk are very relevant topics to the world of business, identifying the difference between business risk and financial risk is crucial. The running of businesses involves a considerable amount of risk. It is important for business owners and entrepreneurs to identify and understand the various […]

Difference Between Tax Evasion and Tax Avoidance

Difference Between Tax Evasion and Tax Avoidance

Tax Evasion vs Tax Avoidance   As tax avoidance and tax evasion are both methods used by individuals and businesses to minimize or completely avoid the payment of taxes, one should be able to recognize the difference between tax evasion and tax avoidance. While these concepts may sound similar to one another, there are a […]

Difference Between Tartrate and Succinate

Difference Between Tartrate and Succinate

Tartrate vs Succinate   The key difference between tartrate and succinate is that succinate is derived from the succinic acid and tartrate is derived from the tartaric acid. These two chemical substances are widely used in the beverage industry and drug manufacturing. Succinic acid is ethan-1,2-dicarboxylic acid. Succinate can donate electrons for the chemical reactions that need […]

Difference Between Strategic and Operational Planning

Difference Between Strategic and Operational Planning

Strategic vs Operational Planning   Difference between strategic and operational planning is that strategic planning is made to achieve a company’s long-term objectives while operational planning is focused on achieving a company’s short-term objectives. Both are considered to be very important for organizations. Therefore, this article analyzes these two concepts, and the difference between strategic […]