Stock Exchange is a marketplace, where securities can be freely traded between investors with the help of members i.e. brokers. It is a great platform for purchasing and selling securities, debt and derivatives. It is a key indicator of financial strength of the country's economy. In India, there are two major stock exchanges, Bombay Stock Exchange, and National stock exchange. Bombay Stock Exchange is shortly known as BSE; it is the first stock exchange of the continent. On the contrary, … [Read more...]
Difference Between Leadership and Management
Leadership is a quality of influencing people, so that the objectives are attained willingly and enthusiastically. It is not exactly same as management, as leadership is one of the major element of management. Management is a discipline of managing things in the best possible manner. It is the art or skill of getting the work done through and with others. It can be found in all the fields, like education, hospitality, sports, offices etc. One of the major difference between leadership and … [Read more...]
Difference Between Policies and Procedures
Rules and regulation of the business organization are framed in the form of policies. These are the guiding principles of an organization. It should not be confused with procedures, as both are are created by top level management for middle and low-level management. Procedure implies the step by step sequence, for the performance of activity within the organisation. Policies are general statement that sets out the limits within which decisions are taken by the managers and thus assures the … [Read more...]
Difference Between Planning and Strategy
Planning is "Thinking before the action takes place". It decides beforehand what, when, and how the task is to be accomplished. It is not exactly the same as strategy, which is nothing but "a comprehensive plan." The strategy is all about using a trick to gain success for a particular purpose. It is the skill of managing the affairs of the enterprise. In business, one might come across with the terms planning and strategy, end number of times. Planning is the basic function of management that … [Read more...]
Difference Between Merger and Acquisition
Merger and acquisition are the two most commonly applied corporate restructuring strategies, which are often uttered in the same breath, but they are not one and the same. These are the form of external expansion, whereby through corporate combinations, business entities purchases a running business and grows overnight. It helps the business in maximizing the profit and growth by increasing the level of production and marketing operation. While merger means "to combine", Acquisition means "to … [Read more...]
Difference Between Share Certificate and Share Warrant
A share certificate is a written document prepared by the company under its common seal and sent to the members, containing the number of shares held by him/her and the amount paid thereon. The document work as an evidence for the ownership of shares of the shareholder. It is not exactly same as share warrant. Technically, share warrant, is an instrument, which signifies that the holder of the instrument is entitled to the shares mentioned in it. It a bearer document, which can be transferred … [Read more...]
Difference Between Memorandum of Association and Articles of Association
The memorandum of association and articles of association are the two charter documents, for the setting up of the company and its operations thereon. 'Memorandum of Association' abbreviated as MOA, is the root document of the company, which contains all the basic details about the company. On the other hand, 'Articles of Association' shortly known as AOA, is a document containing all the rules and regulations designed by the company. While the MOA sets out the company's constitution, and so … [Read more...]
Difference Between Share and Stock
As per Section 61, Companies Act, 2013, the company can convert its shares which are fully paid up, into stock. A 'Share' is the smallest unit into which the company's capital is divided, representing the ownership of the shareholders in the company. A 'Stock' on the other hand is a collection of shares of a member that are fully paid up. When shares are transformed into stock, the shareholder becomes a stockholder, who possess same right with respect to the dividend, as a shareholder … [Read more...]
Difference Between Verbal and Nonverbal Communication
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
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...]
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