The key difference between chain and franchise is that chain has a single owner operating all the business locations, whereas franchise has separate owners, operating in individual locations. Chain and franchise are two contrasting business models, which are equally important in the modern world. A chain is a group of stores owned by one company, […]
Difference Between Make and Model
The key difference between make and model is that make refers to the manufacturer or company that produces the particular product whereas model refers to the specific name or number of that product. Make and model are two terms that give specific information about a product. We mainly use these two terms to talk about […]
Difference Between Single and Head of Household
The key difference between single and head of household is that for tax purposes, you can qualify as single if you’re single (unmarried, divorced, or, legally separated) whereas you can qualify as head of household if you are single, have a qualifying child or relative living with you, and pay more than half the costs […]
Difference Between Dependent and Productive Population
The key difference between dependent and productive population is that the dependent population does not work or contribute to the economic development of a country while the productive population works and contributes for the economic development of the country. Populations can be classified based on different aspects in regards to sociology, biology and economy of […]
Difference Between Time Series and Cross Sectional Data
The key difference between time series and cross sectional data is that the time series data focuses on the same variable over a period of time while the cross sectional data focuses on several variables at the same point of time. Furthermore, the time series data consist of observations of a single subject at multiple time […]
Difference Between Crisis Management and Risk Management
Key Difference – Crisis Management vs Risk Management The key difference between crisis management and risk management exists in several factors such as nature, engagement, etc. Crisis management and Risk management branches out from the best practicing essentials for a sound corporate governance structure. These terms are interconnected and would provide strong support to […]
Difference Between E Tailing and E Commerce
Key Difference – E Tailing vs E Commerce E tailing and e commerce are two terms often used interchangeably and are confused. While they have similarities, they are different from one another as well. E tailing and e commerce have become powerful substitutes for conducting physical sales and transactions. The key difference between e […]
Difference Between Cash Book Balance and Bank Statement Balance
Key Difference – Cash Book Balance vs Bank Statement Balance Cash balance at the bank of a company and the cash balance maintained at the company’s cash book often do not match due to a number of factors. Thus, companies are required to perform bank reconciliation that showcases the difference between the cash balance […]
Difference Between Deed in Lieu and Foreclosure
Key Difference – Deed in Lieu vs Foreclosure Deed in lieu and foreclosure are two similar aspects with slight variations and are often confused for the same reason. As such, it becomes important to clearly distinguish between the two. The key difference between deed in lieu and foreclosure is that a deed in lieu refers […]
Difference Between Portfolio Manager and Fund Manager
Portfolio Manager vs Fund Manager The terms portfolio manager and fund manager are used as synonyms since both are used to describe an investment professional who is responsible for generating and managing investment allocations for investors. These investment allocations depend on investors’ return requirement criteria, investment goals, risk appetite and market conditions. Thus, there is no […]
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