Formal vs Informal Letter Writing letter these days has become restricted to business and governmental organizations as mobile have taken over this mode of communication as people prefer to SMS each other not bothering to write. However, the importance of writing letters can never be underestimated. It has to be understood that writing to […]
Difference Between Entrepreneur and Inventor
Entrepreneur vs Inventor Entrepreneur is a French word that has come to mean a person who takes the initiative and starts or sets up a business. He is the person who assumes all risks and organizes and operates the business. He is also one to enjoy the fruits of an opportunity that he sees […]
Difference Between Commercialization and Privatization
Commercialization vs Privatization Commercialization and privatization are two commonplace words or concepts having clear cut meanings. Hitherto free activity, when commercialized, becomes a source of income for some. On the other hand, privatization refers to limiting or annulling government control or interference in an activity and allowing private control to benefit individuals or corporations. […]
Difference Between BPO and KPO
BPO vs KPO BPO is today a commonplace word or acronym that most of us understand. However, of late, there is another term that has emerged in the knowledge or information sector called KPO; it is pretty much similar to what BPO stands for. This is what confuses many as they cannot differentiate between […]
Difference Between Business Ethics and Personal Ethics
Business Ethics vs Personal Ethics What is Ethics? The term ‘Ethics’ boils down to ‘knowing the difference between what is right and wrong’. But this right and wrong are different from person to person. Enron scandal left a deep scar on the business community. The fall of Enron was solely not the responsibility of manipulation […]
Difference Between Patent and Trademark
Patent vs Trademark The type of work they protect is the basis for the difference between patent and trademark. There were times when original creations and inventions of geniuses were stolen or reproduced by others and those who deserved all the applause and credit had no other choice, but to feel depressed and sulk. […]
Difference Between Rollout and Deploy
Rollout vs Deploy ‘Deploy and rollout’ are words with similar connotations, and used almost interchangeably by people, which is wrong. Rollout refers to inauguration or initial public exhibition of a new product or service (or may be a policy). The newly developed electric car will rollout from the factory in a month’s time from now […]
Difference Between Visiting Card and Business Card
Visiting Card vs Business Card Remember the salesman who called upon you last week asking your permission to give a demonstration of a brand of water purifier that he was promoting. You agreed and he appeared on the day and time that you suggested. The man first took out a card and gave to you […]
Difference Between Review and Audit
Review vs Audit Review and Audit are two terms that are associated with the subject of Accounting. These two terms are to be understood with difference when it comes to their meanings. Actually the objectives of an audit of financial statements are different from the objectives of conducting a review of a company. An audit […]
Difference Between Verbal and Nonverbal Communication
Verbal vs Nonverbal Communication There are many differences between the two forms of communication, namely verbal and nonverbal communication. In some places, non-verbal communication assumes more significance than verbal communication and in other places it is the vice versa. Let us begin our understanding of these two types of communication in the following manner. […]
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