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Key Differences

Know the Differences & Comparisons

Difference Between Verbal and Nonverbal Communication

Last updated on November 19, 2018 by Surbhi S

Communication is a natural phenomenon, it is an act of interacting with people and sharing information with them. Do you know, whether you speak or not, it communicates the message to the other party. There are two types of communication Verbal and Non-verbal. Verbal communication is a form of communication in which you use words to interchange the information with other people either in the form of speech or writing. On the contrary, Nonverbal communication does not use words for … [Read more...]

Difference Between Partnership Firm and Company

Last updated on July 26, 2018 by Surbhi S

The company form of business organization enjoys a number of benefits over the partnership. This is due to the fact that, in a partnership firm, there must be at least two persons, mutually agree to run the business and share the profits or losses in a manner prescribed in the agreement. The maximum number of partners a partnership firm could have is only 20. This gave rise to the evolution of Company, in which there can be any number of members. The company is an association of persons who … [Read more...]

Difference Between Equity Shares and Preference Shares

Last updated on July 26, 2018 by Surbhi S

Equity Shares are the shares that carry voting rights and the rate of dividend also fluctuate every year as it depends on the amount of profit available to the company. On the other hand, Preference Shares are the shares that do not carry voting rights in the company as well as the amount of dividend is also fixed. One of the major difference between equity shares and preference shares is that the dividend on preference shares is cumulative in nature, whereas the equity share dividend does … [Read more...]

Difference Between Members and Shareholders

Last updated on September 23, 2019 by Surbhi S

When we talk about a company, the terms shareholders and members are commonly used as synonyms, as one can become a member of the company, except by way of holding shares. In this way, a member is a shareholder and a shareholder is a member. The statement is true but not completely, as it is subject to certain exceptions, i.e. a person can become the holder of shares through transfer, but is not a member, until the transfer is entered in the register of members. In the same way, the … [Read more...]

Difference Between Formal and Informal Communication

Last updated on November 19, 2018 by Surbhi S

 Someone said correctly "The very attempt of, not to speak, speaks a lot."Communication plays a crucial role in our life, as people interchange their ideas, information, feelings, opinions by communicating. Formal communication is one that passes through predefined channels of communication throughout the organization. On the contrary, Informal communication refers to the form of communication which flows in every direction, i.e. it moves freely in the organization. Communication could be … [Read more...]

Difference Between Shares and Debentures

Last updated on November 19, 2018 by Surbhi S

Nowadays, investment in shares and debentures has taken a dominant position in the society, as people of different ages, religion, sex, and race invest their hard earned money, with an aim of getting better returns. While Shares refers to the share capital of the company. It describes the right of the holder to the specified amount of the share capital of the company. Conversely, debenture implies a long term instrument showing the debt of the company towards the external party. It yields a … [Read more...]

Difference Between Morals and Ethics

Last updated on July 26, 2018 by Surbhi S

We greatly encounter moral and ethical issues, in our day to day life. Perhaps, these two defines a personality, attitude, and behavior of a person. The word Morals is derived from a Greek word "Mos" which means custom. On the other hand, if we talk about Ethics, it is also derived from a Greek word "Ethikos" which means character. Put simply, morals are the customs established by group of individuals whereas ethics defines the character of an individual. While morals are concerned with … [Read more...]

Difference Between Group and Team

Last updated on July 26, 2018 by Surbhi S

Nowadays, group or team concept is adopted by the organization, to accomplish various client projects. When two or more individuals are classed together either by the organization or out of social needs, it is known as a group. On the other hand, a team is the collection of people, who are linked together to achieve a common objective. Most of the work in a business entity is performed in groups. Although the individual personality of an employee is important, their effectiveness depends on … [Read more...]

Difference Between Agreement and Contract

Last updated on July 26, 2018 by Surbhi S

There is an old statement, "All contracts are an agreement, but all agreements are not contracts" which implies that agreement is different from a contract. Without knowing the fact, we enter into hundreds of agreement daily, which may or may not bound us legally. Those which bind us legally are known as a contract, while the rest are agreement. In this way, the Indian Contract Act came into force, which was enacted by the British Government because at that time they were ruling on India. The … [Read more...]

Difference Between Vegan and Vegetarian

Last updated on July 26, 2018 by Surbhi S

Nowadays, becoming vegan or vegetarian is in vogue. Vegetarian is a very old concept, especially for the followers of Hinduism. For Hindus it is a tradition or say ritual, to avoid use of meat, flesh or eggs in the diet, which starts right from the birth of a child and continues till he survives. Vegan is relatively a new concept, which came into being due to the maltreatment of animals for satisfying human needs. Therefore, veganism is for social good and it is like a revolution for the … [Read more...]

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