This article will help you to learn about the difference between marketing and selling. Difference between Marketing and Selling Marketing 1. Focus: On the needs of the buyer. 2. Existence of Demand: Demand for goods and services is to be created. 3. Aims: At the goal achievement through customers satisfaction. 4. Needs: Lays more emphasis on the needs of the [...]
Read this article to learn about the difference between Formal and Informal Organistion. # Formal Organisation: 1. Purpose: A formal organisation is created for the fulfilment of technical objective. 2. Degree of Rigidity: It follows predetermined rules as to lines of authority and responsibility. 3. Flow of Authority: Under formal organisation, formal authority is from upward to downward. 4. Size: [...]
This article will help you to quickly learn about the difference between departmental store and multiple shops. Departmental Store 1. Basic Objective: These stores are established to provide everything to the customers at one place. 2. Location: It is centrally located and attracts customers. 3. Range of Choice: These stores deal in a variety of commodities and offer to the [...]