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Difference Between Perfect Competition and Monopolistic Competition

There are three types of market structure, i.e. perfect competition, monopoly and imperfect competition. Further imperfect competition can be of two types: Monopolistic competition and oligopoly. Due...

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Difference Between Induction and Orientation

Induction and Orientation are the two programs designed to provide new joinee with the information they require to function comfortably and efficiently in the organization. As the programs take place...

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Difference Between Code of Ethics and Code of Conduct

Code of Ethics and Code of Conduct are the standards that a group must adhere to, so as to remain the member of the organization. These documents are formally addressed and need to be accepted by the...

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Difference Between Ethics and Values

Ethics and Values, together lays the foundation of sustainability. While they are sometimes used synonymously, they are different, where ethics are the set of rules that governs the behavior of a...

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Difference Between Guidance and Counseling

Psychology is a discipline, that studies human behavior and mind. It attempts to ask questions about the reason behind an individual’s behavior and thinking. Two important concepts of psychology, which...

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Difference Between Proforma Invoice and Invoice

In business glossary, we have heard the terms proforma invoice and invoice, hundreds of times. But because the content of the two documents is identical, only a few people know about their differences,...

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Difference Between Public and Private Administration

Administration refers to the act of effectively administering the affairs of an organization or state. The administration can be done either by public officials or private individuals. Public...

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Difference Between Marketing and Branding

Branding and marketing are two vital business function that work together with the aim of increasing revenue. The activities are used to bring awareness of a product or company among people. They are...

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Difference Between Elastic and Inelastic Demand

Elasticity of demand refers to the change in the quantity demanded of a product, due to the change in factors on which demand depends. Such variables are price, price of related goods, income and so...

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Difference Between Demat and Trading Account

Have you ever thought about investing money on a stock exchange? Well, there are a number of requirements for investing in securities in the stock market. One such mandatory requirement for investors...

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Difference Between NSDL and CDSL

In investment jargon, you have often heard the term depository many times. It refers to an organization established to hold stocks of the investors in  dematerialized form through an agent registered...

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Difference Between NGO and NPO

An NGO, a non-governmental organization, established to work for public and social welfare. Such organization is not affiliated with any government. On the other end, NPO as its name suggests, is a...

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Difference Between Advertising and Public Relations

The basic motive of any business is profit maximization and it can only be achieved by increasing sales. Many strategies, tactics, tools, ploys are applied by the firms in order to gain maximum...

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Difference Between Boss and Leader

Have you ever wondered that a boss can be a leader also but not all bosses are leaders. There exist a line of demarcation amidst the nature and characteristics of these two personalities. While a boss...

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Difference Between Faculty and Staff

When it comes to education, there are many people involved in the educational institutions that help in imparting education to the students successfully. These include both academic and non-academic...

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Difference Between Personality and Character

We all are same in a number of ways like we all have got the same human body, nature, feelings, mind and so on. But if you observe deeply you will find that every human being has certain different...

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Difference Between Autobiography and Memoir

An autobiography differs from memoir in a sense that an autobiography covers all the events of the narrator’s life in a chronological order, whereas a memoir is a real life experience of the author,...

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Difference Between Licensing and Franchising

When it comes to business expansion, the first thing that strikes our mind is ‘international business’ a term we hear frequently, but there are many facts that are yet to be disclosed. There are...

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Difference Between Urban and Rural

Based on the density of population, development, amenities, employment opportunities, education, etc. human settlement is majorly divided into two categories i.e. Urban and Rural. People often...

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Difference Between FERA and FEMA

Foreign Exchange Management Act, 1999 (FEMA) emerged as a replacement or say improvement over the old Foreign Exchange Regulation Act, 1973 (FERA). Foreign investors, frequently hear the terms FERA...

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