Archive | Differences

Difference between Share and Debenture | Capital | Company

This article will help you to differentiate between share and debenture of a company. Difference # Share: 1. Nature: It is a part of owned capital. 2. Return: Shareholders are paid ‘dividend’ on the shares held by them. 3. Voting Right: Shareholders have voting rights. They have control over the management of the company. 4. […]

Difference among Trade, Commerce and Industry | Business Management

This article will help you to differentiate among trade, commerce and industry. Difference # Trade: 1. Trade is that branch of commerce which deals with exchange or transfer of goods and services. 2. The origin and development of trade is the result of the prevalence of barter system. 3. It includes sale and purchase of […]

Difference between Business and Profession

This article will help you to differentiate between business and profession. Difference # Business: 1. Specialised Knowledge: No specialised knowledge is required for a business. A layman can start a business. 2. Objective: The prime objective of a business is to maximise the profit. Service motive is a secondary one. 3. Advertisement: Advertisement is necessary […]

Partnership and Sole Tradership: Difference | Management

This article will help you to differentiate between partnership and sole tradership. Difference # Partnership: 1. Act: Partnership is formed under Indian Partnership Act, 1932. 2. Number of Members: In partnership, minimum number of members is two and maximum is 20 and 10 for banking business. 3. Secrecy: In partnership, all the part­ners share the […]

Partnership and Company: Difference

This article will help you to differentiate between partnership and company. Difference # Partnership: 1. Act: A partnership is governed by the Indian partnership Act, 1932. 2. Registration: The registration of partnership is not compulsory but it is expected to be registered so that partners may exercise their rights between themselves and against outsiders. 3. […]

Co-Operative Society and Company: Difference

This article will help you to differentiate between co-operative society and joint stock company. Difference # Co-Operative Society: 1. Formation: It is formed under Co­operative Societies Act, 1912 or other State Co-operative Acts. 2. Membership: A co-operative society can be formed with ten members. There is no maximum limit of its members. 3. Basic Object: […]

Difference between Data and Information | MIS

This article will help you to differentiate between data and information. Difference # Data: 1. Data can be defined as groups of non-random symbols (words, values, figures) which represent things that have happened. 2. Data are facts obtained by observation or research and which are recorded. Frequently they are called raw or basic data and […]

Difference among Goals, Mission and Purpose

This article will help you to differentiate among goals, mission and purpose. Difference # Goals: Goals are the ends which the organisations strive to achieve. They are the reason for an organisation to exist. Organisations are formed to achieve some goal. Goals are framed for the entire organisation, for all departments and for every level […]

Difference between Horizontal and Vertical Diversification | Firms

This article will help you to differentiate between horizontal and vertical diversification of firms. Difference # Horizontal Diversification (Integration): 1. Nature: In horizontal diversification, two businesses, similar or dissimilar, join together. 2. Size of operations: Horizontal diversification enlarges the scope of operations and, thus, provides economies of scale. 3. Flexibility: Failure of one business does […]

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