Found 1908 Articles for Differences

Difference between Sales and Services

Vineet Nanda
Updated on 11-Jul-2022 10:16:33

3K+ Views

Sales and services are one of the most critical features of any business. Although they sound similar, they are different from each other as the role, and purposes of each one differ from the others.What is Sale?A transaction between two or more parties in which the buyer receives goods, services, and assets in exchange for money is a sale. It is also known as selling goods and services to gain profit. It mainly involves sale agent.For example, while selling a house, the sales representative provides the customer with all the details regarding the house and its benefits compared to the ... Read More

Difference between Residual Risk and Inherent Risk

Vineet Nanda
Updated on 11-Jul-2022 10:14:11

482 Views

We live in a world where danger lurks around every corner. We make it a habit to weigh the potential consequences of every decision we make in our life. Should we go through that light that's red? Should we put our money in that particular stock? These are possible dangers that might arise, and we keep an eye out for them every day. The same logic applies to the dangers that an organization faces. In point of fact, risks are the basic foundation upon which a company or organization is built. When it comes to risk assessment, businesses have to ... Read More

Difference between Organic Growth and Acquisitions

Vineet Nanda
Updated on 11-Jul-2022 10:12:27

770 Views

Value expansion is essential to the success of any company. Growth is a performance statistic that evaluates how well a firm can compete in a competitive market like this one. The ability of a firm to expand via its own internal operations is referred to as "organic growth, " and it is a crucial performance statistic. This is in contrast to growth that results from the company making acquisitions.What is Organic Growth?Any company may improve their growth using their own tried-and-true recipe: organic growth. In contrast to growth that results through the acquisition of new firms, growth that results from ... Read More

Difference between Long Haul and Short Haul

Vineet Nanda
Updated on 11-Jul-2022 10:10:41

4K+ Views

If you are a regular flier, then you have most likely already experienced the many benefits that both short and long-distance flying have to offer. Although there are those who would really like flying for extended periods of time, the majority of people do not find long-haul flights to be at all pleasurable. You stand in lengthy lines, go through an unending number of security checks, and are forced to sit in close quarters with two individuals for a period of time that you would typically do everything possible to avoid. Therefore, many people choose shorter flight distances; nevertheless, the ... Read More

Difference between Joist and Beam

Vineet Nanda
Updated on 11-Jul-2022 09:05:01

2K+ Views

Joists and Beams are the structural members used to frame the buildings. Steel has been used extensively as a common building material in various structures for decades. The steel design involves operational planning of the system in addition to the purpose it’s meant for, proportioning of structural members to carry the loads and the consideration of erection at the site.In the end, the structure should be economical and easy to erect, and any such structural effect can easily be achieved in steel. The structural members here play a vital role in choosing the structural system of a building; joists and ... Read More

Difference between Host and Hostess

Vineet Nanda
Updated on 11-Jul-2022 09:03:21

3K+ Views

One of the significant discussions that have been on the rise is whether the terms host and hostess can be used in place of each other. The word Jody generally has varied applications and makes distinguishing them challenging.One example we can see here is event management, considered a professional work genre. Among the other delegates, the hosts play an essential role in the success of both big and small events. The host's professionalism depends on the parties, and there are special training schools to establish oneself as the host or hostess.However, when we take a deeper look at each of ... Read More

Difference between Golden Handshake and Golden Parachute

Vineet Nanda
Updated on 11-Jul-2022 08:59:20

1K+ Views

Every company has the same goal: to find the most brilliant people possible and hold on to them. The same is valid, in particular, when it comes to high-risk executive employment, in which managers are charged with the task of making dangerous decisions in the best interest of the firm. In order to accomplish this result in the incredibly competitive employment markets, businesses provide significant incentives to their employees.Golden handshake and the golden parachute are two of the most important offers that are available right now. Both of these benefits are quite valuable, so what sets one apart from the ... Read More

Difference between Free Trade and Fair Trade

Vineet Nanda
Updated on 11-Jul-2022 08:57:08

1K+ Views

The voluntary exchange of goods and services between economic actors is known as trade. Free trade and Fairtrade are different kinds of trade with notable differences, although both these trades aim to increase wealth globally.What is Free Trade?Free trade, also known as laissez-faire, is a policy where the government does not discriminate against imports or interfere with exports by applying tariffs or subsidies. Here goods and services can be bought and sold between countries or other sub-national regions without tariffs or restrictions.One example of free trade is the agreement between the United States, Mexico, and Canada, known as the North ... Read More

Difference between Franchise and Chain

Vineet Nanda
Updated on 11-Jul-2022 08:55:18

4K+ Views

Franchise is a business where the Franchise purchases the right to sell the products and services to the capitalist in a legal way. A "Chain" is a cluster of a particular firm of the same brand, contributing the same product or services spread worldwide.What is a Franchise?A Franchise is a type of permission that permits franchise access to a franchisor’s exclusive business knowledge, processes, and logo, allowing the franchisee to sell a product or service under the franchiser’s business. Franchising is a popular way to start a business for entrepreneurs. A huge advantage of buying a franchise has the means ... Read More

Difference between Forward and Future Contract

Vineet Nanda
Updated on 11-Jul-2022 08:53:11

1K+ Views

Forward and future contracts are used to reduce the risk of financial assets or speculation by investors or businesses.What is a Forward Contract?The contract is customized between two parties for an asset to be sold or bought on a future date at a specified date. Forward contracts are considered over-the-counter instruments. They do not trade on a centralized exchange and can be specially made to a specific commodity, amount, and delivery date. To avoid price instability, forward contracts can hold a particular price.What is a Future Contract?It is a standardized legal contract where something can be sold or bought at ... Read More

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