Multinational vs Transnational Multinational companies are not a recent phenomenon, but it is a fact that today because of modern and fast and efficient means of communications and transportation, companies and businesses find it easy to operate in many other countries apart from their parent country. It is customary to call such companies as […]
Difference Between Private and Public Companies
Private vs Public Companies A company is a separate legal entity and is isolated from the owners of the business. Many of us have observed that some company names are followed by the suffix ‘Pvt. Ltd’ and others are followed by ‘PLC’. These names denote private limited companies and public limited companies, and both these […]
Difference Between Sole Proprietorship and Partnership
Sole Proprietorship vs Partnership Sole proprietorship and partnership are both arrangements made in the formation of a business, depending on the scope of the business activities and requirements in terms of the variety of skills and additional funds needed. These two forms of business arrangements are very different to each other because of the number […]
Difference Between Limited Partnership and General Partnership
Limited Partnership vs General Partnership A partnership is a form of business arrangement in which a particular business will be owned and operated by a number of people, known as partners of the business. In this article, we discuss general and limited partnerships. The two are different from each other based on how these partnerships […]
Difference Between Association and Institution
Association vs Institution The words association and institution are so commonplace that we hardly pay attention to them. There are some who feel that these are synonyms to be used interchangeably, though it is not the case. Despite many similarities, there are many differences between associations and institutions that shall be discussed in this article. […]
Difference Between Inc. and Corp.
Inc. vs Corp. Inc (an abbreviation for Incorporation) and Corp (an abbreviation for Corporation) are acronyms used at the time of forming a new business entity. Inc. and Corp. are separate institutions, which have been granted a charter recognizing them as a separate legal entities. Both are within the limited liability concept (i.e. share holders, […]
Difference Between Joint Venture and Collaboration
Joint Venture vs Collaboration Collaboration is a concept that is responsible for coming together of people to work towards a shared goal or objective. It is an idea that has led to creation of international bodies where member countries cooperate with each other to achieve the objectives for which the body is set up. Writers […]
Difference Between Association and Organization
Association vs Organization We come across myriad organizations in our lives and sometimes it becomes confusing to differentiate between them on the basis of their nature, scope and purpose. One such type of organization is association. We know that there are various types of associations like PETA, sports associations, blind association, alumni associations and so […]
Difference Between Amalgamation and Acquisition
Amalgamation vs Acquisition Times are changing and so are corporate strategies. Companies are becoming larger than ever in an endeavor to control larger markets and in search of new customer bases. There are many ways in which a company tries to expand. It can either grow horizontally or can expand vertically. Amalgamation and acquisition are […]
Difference Between Chairman and President
Chairman vs President With passage of time, organizational structures have become bigger and more complex than ever. One gets to hear nomenclatures for various management posts that are often very confusing for common people who cannot make out the difference between a chairman and a president, leave alone COO, CEO and many more such posts. […]