- Data Structure
- Networking
- RDBMS
- Operating System
- Java
- MS Excel
- iOS
- HTML
- CSS
- Android
- Python
- C Programming
- C++
- C#
- MongoDB
- MySQL
- Javascript
- PHP
- Physics
- Chemistry
- Biology
- Mathematics
- English
- Economics
- Psychology
- Social Studies
- Fashion Studies
- Legal Studies
- Selected Reading
- UPSC IAS Exams Notes
- Developer's Best Practices
- Questions and Answers
- Effective Resume Writing
- HR Interview Questions
- Computer Glossary
- Who is Who
Found 597 Articles for Management
188 Views
In this post, we will understand the difference between CRM and ERP −CRM (Customer Relationship Management)It is a computer software that helps companies record every transaction and interaction with the present and prospective customers.It is a subset.It was developed in 1990.It is generally utilized in front office activities.It helps focus on improving the sales.It is customer oriented.This is what CRM includes −ERP (Enterprise Resource Planning)It is an integrated pre-packaged computer software that helps organizations in managing and controlling the business processes.It is a superset.It was developed in the 1960s – 1970s.It is generally utilized by back office activities.It helps focus ... Read More
8K+ Views
The terms "product" and "process" are important in the context of software development. The basic difference between a product and a process is that a process is a set of steps to guide the project in order to obtain the appropriate product, whereas the product is the final result of the software project. In this article, we will discuss more about "product" and "process" and how they are different from each other. What is a Product? In software engineering, any software developed as per the requirements of the client is referred to as a product. In other words, a product ... Read More
100 Views
The major differences between contribution margin and gross margin are as follows −Contribution MarginIt is used by pricing decision (whether product line is making profits or not).Contribution margin = difference between sales and variable costs divides by sales.It analyses profit metric per item.Only variable cost is considered for calculations.It determines the margin for production, where only variable costs are present.It detects variable costs and its percentage included in margin.It is useful for multiple scenario analysis.Gross MarginWhether production cost is covered by its sales or not.Gross margin = difference between revenue and Cost of goods sale/revenue.It analyses total profit metric.It considers ... Read More
60 Views
The major differences between share outstanding and float are as follows −Share OutstandingThese are shares held by stakeholders, company officials and investors in public domain.Contains both stock float and restricted shares.Contains all shares of company held by its investors.It is used to calculate market capitalisation and earnings per share (EPS).It provides voting right and ownership right.Private or public limited company will issue these kinds.It has low risk.FloatIt is share issued by company to public and available to investors for trading in stock market.Contains only float stock.It is available for public.It acts as determinant of financial calculations.Won’t provide voting right and ... Read More
224 Views
The major differences between discount rate and interest rate are as follows −Discount RateFederal reserve banks charges to depository institution/commercial banks on its overnight loans.Central banks decide the rate.It is not determined by market rate of interest.It determines present value of future cash flows.It focuses on investors view.The demand and supply has no effect on discount rate.Interest RateIt is an amount charged by lender to a borrower for use of assets.Commercial banks decide the rate.It depends on market rate of interest, creditworthiness etc.It can’t determine present value.It focuses on lender’s view.The demand and supply has effect on interest rate.Read More
127 Views
The major differences between ROIC and ROCE are as follows −ROICROIC refers to Return on invested capital.It aims to find the return relative to capital which is invested in business.It evaluates profitability by considers only capital invested in the business.ROIC = Net operating profit/invested capital.Company said to be profitable, if ROIC is greater than zero.Measures after tax.It is more important for an investor.ROCEROCE refers to Return on capital Employed.Its main aim is to find return relative to total capital employed.It had very broad scope.ROCE = net operating profit/capital employed.Company said to be profitable, if ROCE greater than cost of capital.Measures ... Read More
351 Views
The major differences between licensing and franchising are as follows −LicensingFranchisingBusiness model deals with products and goods.Ownership is with licensee.Governed by contracts law between partiesWithout investing huge capital licensor will get vertical integration in market.Licensor don’t have control over intellectual property rights.Registration is not mandatory.No training and support is provided.One-time property/rights transfer.Negotiable fee structure.Royalties are commonly used term.Covers single product/products.Generally, established business will go licensing.Business models deals with providing services.Ownership is with franchisee.Governed by companies’ laws and other federal laws (international business)Franchisor get access to diversified market geographically.High initial investment is required.Registration is mandatory.Training and support is provided.Ongoing assistance is ... Read More
113 Views
The major differences between budget and forecast are as follows −BudgetIt’s a business plan made by management for future with quantitative.It shows what a company want to achieve during a period of time.Generally, it is short term.It is static in nature.It is used as tool to manage operational performance in short term.It sets the targets.It is updated annually.There is variance analysis.Covers large areas like costs, revenue, profits etc.Almost everyone will aware of budget.ForecastIt is based on historical data; future trends can be estimated.It tells about what a company will achieve in a specified period.Generally, it is long term.It is more ... Read More
195 Views
The major differences between active and passive investment are as follows &mius;Active InvestmentIt is an investment invested after doing independent analysis on value of each investment.The main objective is to beat market performance.It focuses on absolute terms.In view of investor perception, market may be inefficientIt has higher transaction frequency.It has high returns and more risk.It has high operating cost.It includes short term price fluctuations.High skills are required to make decisions.It is highly flexible in investing.Passive InvestmentIt is invested after investor portfolio is matched with market portfolio.The main objective is to match tracked index.It focuses on relative returns.In the view of ... Read More
198 Views
The major differences between capital account and current account are as follows −Capital AccountThese are accounts related to capital investments and expenditures of a country to another.It measures inflow and outflow of capital in economy.It evaluates country net investment position.Impacts foreign assets and liabilities of a country.Deals with source and utilisation of capital.Current AccountThese are accounts related to trade of goods and services of a country.It measures inflow and outflow of goods and services in the economy.Merchandise trade, services, income receipts and unilateral transfers are key components.It evaluates trade surplus/trade deficit of a country.Impacts on net income and output of ... Read More
To Continue Learning Please Login
Login with Google