This article will help you to learn about the difference between domestic trade and foreign trade. Difference between Domestic Trade and Foreign Trade Home or Domestic or Internal Trade 1. Meaning: Purchase and sale of goods within a country is known as internal or home trade. 2. Different Currencies: Home or domestic trade involves the use of only one currency, [...]
This article will help you to learn about the difference between rationalisation and scientific management. Difference between Rationalisation and Scientific Management Difference - 1. Nature and Scope: Scientific management involves the application of scientific principles to a business unit. But rationalisation covers the entire industry. Logic and scientific methods are applied to the entire industry under rationalisation. Scientific management is [...]
This article will help you to learn about the between a bill of exchange and a cheque. Difference between Bill of Exchange and Cheque Bill of Exchange 1. Drawn On: It is usually drawn on any person. 2. Acceptance: Acceptance of bill of exchange is necessary before its payment can be claimed. 3. Days of Grace: Three days of grace [...]