Earnest Money vs Security Deposit Earnest Money and Security Deposit are two terms that should be understood with difference. Earnest money is something which is close to pledging but is slightly different from it. Earnest money is paid on faith. Hence it is not as strong as pledge. In other words it can be said […]
Difference Between Expertise and Talent
Expertise vs Talent Expertise and Talent are two words that are often confused as words that give the same sense although they are not so. They in fact show some differences when it comes to their connotations. Expertise means thorough knowledge in any given field. On the other hand talent is the ability to execute […]
Difference Between Liquidation and Bankruptcy
Liquidation vs Bankruptcy Bankruptcy and liquidation have become common terms today. When a person has become insolvent that is when he cannot repay debts he has taken from sundry creditors and he is under duress because of threats from creditors, there is one option under the law that he can exercise to wriggle out from […]
Difference Between Credit Note and Debit Note
Credit Note vs Debit Note If you have an account with a bank, you can see the entries in your passbook as either credit or debit. When you deposit money in your account or get a cheque in your name, it is marked as credit and the balance in your account goes up by that […]
Difference Between Production and Operation Management
Production vs Operation Management Production management and operations management are management jargon that needs to be simplified for those who are sitting on the fence or those inside an organization unable to comprehend them clearly. Sometimes it becomes confusing to be talking about production management inside operations management but they are separate and distinct entities […]
Difference Between Communication and Business Communication
Communication vs Business Communication There are a lot of differences between general communication (interpersonal) and business communication. These pertain to form, content, and also purpose. General communication has no rules except of course rules of etiquette and manners. However, there are rules of business communication as a lot is dependent upon effective communication in a […]
Difference Between Economic Growth and Development
Economic Growth vs Development At first glance, you might feel that we are talking about one and the same thing when we discuss economic growth and economic development, but in reality, these are related but different concepts used in different contexts by economists. Sometimes, people use the terms interchangeably which is incorrect and the two […]
Difference Between Entrepreneurship and Intrapreneurship
Entrepreneurship vs Intrapreneurship Most of us are aware of the concept of entrepreneurship and how it has helped shape our future and produced things that were once considered as impossible or were ridiculed at when tried initially. However, there is a new term called Intrapreneurship doing rounds in corporate circles these days and is gaining […]
Difference Between Entrepreneurship and Entrepreneur
Entrepreneurship vs Entrepreneur To a casual observer, the title may look like a misnomer. He is right in thinking that entrepreneurship relates to activities that an entrepreneur indulges in, and in a sense he is right. After all it is a lecturer who does lecturer ship and a captain of a sports team who does […]
Difference Between Commerce and Business
Commerce vs Business The difference between commerce and business can be puzzling to some as the words commerce and business have a similar connotation. Also, there is a tendency of people to talk about these terms in the same breath as if both were the same. That is because both commerce and business are […]
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