CPI vs RPI CPI and RPI are indices used to measure inflation in UK. CPI is Consumer Price Index, also called Harmonized Index of Consumer Prices (HICP). RPI is the Retail Price Index which measures change in prices of a basket of goods and services over a period of time. RPI RPI was devised to […]
Difference Between CPI and Inflation
CPI vs Inflation CPI and Inflation are terms related to the economy of a country. Difference between CPI and inflation has been a confusing and perplexing one. CPI (or Consumer Price Index) has been merely an attempt to measure inflation in any economy where the prices of commodity have been rising over a given period […]
Difference Between Procurement and Purchasing
Procurement vs Purchasing Procurement and Purchasing are two actions that are performed in relation to goods and services and they are done with differences in their method and approach. Procurement may be defined as the acquisition of appropriate goods or services at the best possible total cost of ownership. This is done to meet the […]
Difference Between Performance Management and Performance Appraisal
Performance Management vs Performance Appraisal Performance management and Performance appraisal are two terms that are often used in the field of the evaluation of employee efficiency. These two procedures differ in terms of their concept and connotations. Performance appraisal consists in the setting of job standards and evaluation of the past performance. It is understood […]
Difference Between Logistics and Supply Chain Management
Logistics vs Supply Chain Management Logistics and Supply chain Management are two areas that are often felt that they could overlap. It is possible that different companies define them differently. Logistics deals with strategy and coordination between marketing and production. On the other hand supply chain management focuses more on purchasing and procurement. This is […]
Difference Between Charge Card and Credit Card
Charge Card vs Credit Card Charge card and Credit card are considered one and the same thing possibly due to many similarities but strictly speaking there are quite a number of differences between the two. One of the primary differences between the two is that a credit card allows a minimum monthly payment to be […]
Difference Between CAPEX and OPEX
CAPEX vs OPEX | Capital Expenditure and Operational Expenditure CAPEX and OPEX are terms that are encountered quite often in business valuation. What is the true worth of a business and how does the value of a business change over time are measured in terms of Capital Expenditures (CAPEX) and Operating Expenditures (OPEX). It has been […]
Difference Between Vision and Mission
Vision vs Mission Although the words Vision and Mission appear similar, there exists a clear difference between these two words. Most people confuse the two terms when it comes to their meaning and connotation. It is true that these terms, namely, mission and vision pertain to action and concept respectively performed by different means […]
Difference Between Recruitment and Selection
Recruitment vs Selection Recruitment and Selection are two terms that are associated with the job market. These two terms should be understood in the right perspective. They are known to show some differences between them. It can be said that both of them are phases of employment process. Recruitment is the process of searching the […]
Difference Between Monitoring and Evaluation
Monitoring vs Evaluation Between monitoring and evaluation of projects, one can find a variety of differences. Monitoring and Evaluation are two states of analysis in terms of the progress made in relation to the goals of an enterprise or a firm. These two states of analysis differ in their manner of approach. Monitoring is […]
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