Base Rate vs BPLR Rate BPLR is the Benchmark Prime Lending Rate and is the rate at which banks in the country lend money to their most credit worthy customers. Till now, RBI had given a free run to the banks to fix their BPLR and different banks do have different BPLR causing resentment among […]
Difference Between ERD and DFD
ERD vs DFD ERD and DFD are data presentation models that help in identifying the flow of data as well as inputs and outputs. They are important as they enable effective communication between members of different departments in an organization. There are similarities in the two types of data presentation models although there are differences […]
Difference Between Training and Development
Training vs Development Training and development are closely interrelated terms that aim to help in achieving the objectives of the company while at the tame time increasing the efficiency and productivity of the employees. Though similar in a broader sense, there are many differences between training and development that will be highlighted in this article. […]
Difference Between LBO and MBO
LBO vs MBO Though to someone outside the corporate world, terms like LBO and MBO may look like outlandish, these are commonly used words in business circles. While LBO refers to Leveraged Buyout, MBO is management Buyout. While there are many who feel that MBO is totally different from LBO, experts say that MBO is […]
Difference Between Competence and Competency
Competence vs Competency In English language there is a word called competence that refers to abilities or set of skills possessed by an individual. Competence is a noun that describes the ability of a person to be qualified to do a job. There is another word called competency (also a noun) that is the quality […]
Difference Between CECA and FTA
CECA vs FTA International trade, though now a days guided by the rules and regulations of World Trade Organization, is not free from protectionism in the form of trade barriers. This is why countries, on a bilateral level, try to enter into economic pacts and agreements that are more fruitful to both the countries and […]
Difference Between Induction and Orientation
Induction vs Orientation When a new employee joins a company he is led into an induction/orientation or an induction and orientation program. This really confuses many in HR as some believe it is induction while others refer to it as orientation. Are these two words synonymous or there is some difference between the two concepts? […]
Difference Between MSRP and Invoice
MSRP vs Invoice If you have ever been to a car dealer enquiring about the prices of a new car, you must have seen the MSRP of the car, also known as sticker price, hanging inside the car. This is also known as Manufacturer suggested retail price, that car dealers freely display in the form […]
Difference Between Free Trade and Protectionism
Free Trade vs Protectionism No country in the world is self reliant and has to depend on other nations to meet the demands of its infrastructure and economy. Trade between countries is as old as civilizations but of late there has been a debate over the pitfalls of protectionism and the benefits of free trade […]
Difference Between CEO and President
CEO vs President If you look around yourself at the companies, you will find various nomenclatures for posts being used for people inside management. All designations carry different sets of roles, functions, and responsibilities. Two such designations are CEO and President that are enough to confuse people as they cannot make out differences between the […]
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