Savings refers to that part of disposable income, which is not used in consumption, i.e. whatever is remained in the hands of a person, after paying all the expenses. On the other end, Investment is the act of investing the saved money into financial products, with a view of earning profits. It alludes to the increase in capital stock. For an enterprise, investment connotes the production of new capital goods, such as plant and machinery or change in inventories. Many people juxtapose savings … [Read more...]
Difference Between Bollywood and Hollywood
When it comes to entertainment, the first thing that strikes our mind is dance, music, play, comedy, romance, etc. In short, cinema is the best source of entertainment. Hollywood is the biggest cinema industry based in America, Bollywood accounts for a part of the Indian movie industry. Bollywood and Hollywood are the world famous cinematic giants that won the hearts of billions of people, from their movies, music, dance, drama and especially the story line. These two are the apex movie … [Read more...]
Difference Between BPO and KPO
Outsourcing of routine or peripheral business functions is in vogue. It implies contracting with the third party service provider, with respect to operations and responsibilities of business processes. At present, there is hardly any multinational company which is left untouched from outsourcing its business operations. Over the time, Business Process Outsourcing (BPO) has gained ample importance, by providing services related to marketing, human resources, customer support, technical support, … [Read more...]
Difference Between Outsourcing and Offshoring
In the last few decades, a trend has been noticed, with respect to the outsourcing and offshoring of business processes and activities, by big business houses. Outsourcing refers to the delegation of the routine or peripheral business processes to some external organization, so as to free up their resourcesi.e. money, time and manpower, for the core activities of the business. On the contrary, offshoring can be understood as the is a type of outsourcing whereby the business process or … [Read more...]
Difference Between Call and Put Option
The market is flooded with an array of investment options that allows the investors to earn money, when the stock market is rising or falling or going sideways. Options are one of the significant categories of derivative securities, which connotes a contract between parties, in which one party acquires right to trade the underlying security, at an agreed price, on or before a particular date. The right to buy is call option while when the right relates to selling, it is a put option. Calls … [Read more...]
Difference Between Futures and Options
The term 'financial derivative' implies futures, forward, options, swaps or any other hybrid asset, that has no independent value, i.e. its value is based on the underlying securities, commodities, currency etc. In this context, futures and options are often misconstrued, by many people. Futures may be understood as the legally binding contract to trade the underlying financial asset of standardized quality and quantity, at an agreed price, at a future specified date. Conversely, options … [Read more...]
Difference Between Stocks and Bonds
When it's about investment, every investor look for different investment avenues park their funds and provide good returns, such as stocks, bonds, debentures, futures, options, swaps, and so on. While investing in stocks gives you an ownership interest in the company and also delineates clain in the company's property and profits. On the flip side, investment in bonds is considered far much safer than stock because it gets priority in repayment. It is a debt instrument, which signifies money … [Read more...]
Difference Between GAAP and IFRS
IFRS Vs GAAP is the most debatable topic in accounting where the former is defined as the financial reporting method having universal applicability while the latter are the set of guidelines made for financial accounting. Since past few years, IFRS has gained significant importance, due to which over hundred countries of the world have adopted IFRS as the standard for accounting. The issuing organizations of the two are continuously working on their convergence. IFRS or otherwise known as … [Read more...]
Difference Between Charge Card and Credit Card
Charge Card and Credit Card are the two types of cards, which are commonly juxtaposted by the people, as both are payment methods, through which one can make easy payments. Charge card is a form of credit card, which expects the customer to pay the entire balance, at the end of the billing cycle. It is not a revolving credit instrument. On the contrary, a credit card allows the user for revolving balances after minimum payment is made. While a credit card has certain pre-defined spending … [Read more...]
Difference Between Domestic and International Marketing
Marketing is defined as the set of activities which are undertaken by the companies to provide satisfaction to the customers through value addition and making good relations with them, to increase their brand value. It identifies and converts needs into products and services, so as to satisfy their wants. There are two types of marketing namely, domestic and international marketing. Domestic marketing is when commercialization of goods and services are limited to the home country only. On the … [Read more...]
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