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Difference Between
Voluntary vs Compulsory Redundancy Voluntary redundancy and compulsory redundancy are terms we hear when a company is undergoing a transition and decides to downsize the workforce. In today’s economic scenario where unemployment is on the rise, redundancy is a dread word enough to send shivers down the spine of employees. Redundancy is a normal practice […]
Manager vs Administrator Manager and Administrator are terms quite often interchangeably used by people. There are obvious differences between a manager and an administrator, but for a vast majority of people, these two are interchangeable terms. In many companies, especially small ones, the person who is in charge of administration is essentially the same one […]
M&E vs MIS M&E and MIS are two terms often talked about in the corporate world, and in large organizations. M&E refers to monitoring and Evaluation and MIS refers to Management Information System. In businesses and organizations, collection of data concerning different departments and their analysis is important to assess past performance so as to […]
HR vs Public Relation (PR) HR and Public Relation or PR are terms very frequently encountered in the corporate world. Both are utilized by an organization to maximize returns on investment. HR stands for Human resources and pertains to the workers or employees of an organization, though it has now come to refer to human […]
Manufacturers Guarantee vs Warranty Manufacture guarantee and warranty are terms we hear when purchasing new items. The concept of guarantee is very old in selling products and services and is virtually promises about the quality of the product to the consumer. They are vital to safeguard the interests of the consumers. People in general feel […]
Flop vs Commercial Failure Flop and commercial failure are used in connection with anything that has been introduced in the market but has not been a success. All products and services are launched to earn money and to make the project successful. Many a times, too much money is spent in advertising and promotion to […]
CECA vs CEPA CECA and CEPA are pacts between two countries for economic cooperation. While CEPA stands for Comprehensive Economic partnership Agreement, CECA is the short form of Comprehensive Economic Cooperation Agreement. The two terms came in light recently as India signed a CEPA with Japan and CECA with Malaysia. India also has a CEPA […]
Cash Flow vs Net Income Cash flow and net income are terms often heard in accounting. People often confuse between cash flow and income thinking it to be the same. But in reality, these are totally different concepts though related with availability of money. While cash flow refers to cash that comes in and goes […]
Duration vs Modified Duration Duration and modified duration are terms that are often encountered in the field of investments, especially, stocks, and bonds. To be an efficient investor, one needs to know the difference between the two. Duration refers to cash flow of any finances. It is a very important factor that affects yield or […]
The key difference between import and export is that import refers to buying goods or services from any other country to the home country while export refers to selling goods or services of the home country to another country of the world. Import and export are terms that are commonly heard in international trade and […]
