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  • Difference between Business, Profession and Employment

    Everything you need to know about the key differences among business, profession and employment. Learn about the Difference between Business, Profession and Employment! Difference between Business, Profession and Employment Difference # Business: 1. Formation – Born out of desire to make money. 2. Qualifications – No formal qualifica­tions needed other than a burning de­sire to […]

  • Difference Between Delegation and Decentralization

    Delegation and decentralisation are closely related concepts. Decentralisation is an extension of delegation. It is wider in scope and consequence than delegation. Szilagyi writes, “Centralisation and decentralisation should not be viewed as two separate concepts, but opposite ends of a single continuum of delegation.” Difference Between Delegation and Decentralization Difference between Delegation and Decentralization of […]

  • Difference between Formal and Informal Organisation | Management

    Differences between Formal and Informal Organisation! Difference between Formal and Informal Organisation The formal and informal organizations differ from each other in the following respects: (i) Origin: The reasons and circumstances of origin of both formal and informal organizations are totally different. Formal organizations are created by conscious managerial decisions. But informal organizations arise naturally […]

  • Another Test

    This is another test done by usertype “user” More: Difference: Traditional and Modern Concepts of Marketing

  • Difference: Marketing and Selling (7 Answers)

    Difference between Marketing and Selling: Some people use the terms ‘marketing’ and ‘selling’ interchangeably. But this is not correct as the scope of marketing is wider than that of selling. Marketing involves all activities from determination to satisfaction of customers’ wants whereas sale is restricted to transfer of goods from the producer to the customer. […]

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