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Differences

ERP vs. CRM

Last Updated on March 7, 2021 By Denis Woods Leave a Comment

erp vs crm

Most business owners often confuse the difference between an ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management). This is because the two mentioned systems have lots of similarities. But despite their similarities, you will still notice differences, especially when it comes to their core functionalities.The two systems are an important solution in most businesses. These are used to boost the productivity and revenue of an establishment at the same time. In this … [Read more...] about ERP vs. CRM

Filed Under: Management Tagged With: CRM, Customer Relationship, Differences, ERP

Change Management VS Project Management

Last Updated on April 14, 2021 By Lisa C. Townes Leave a Comment

Often people get confused between project management and change management. They both have a significant role in meeting organizational goals but they are entirely different disciplines. Understanding the differences between project and change management and how they work in harmony to manage projects is crucial to the success of any organization.What is Project Management?Project management is the application of skills, knowledge, techniques and tools to fulfill a project’s … [Read more...] about Change Management VS Project Management

Filed Under: Management Tagged With: change management, Differences, project manager

Difference between Grant and Donation

Last Updated on November 20, 2020 By Lisa C. Townes Leave a Comment

Difference between Donation and Grant

Every country in the world has needy or poor people. In some countries, the poverty ratio is high or in some, it’s less. There are foundations in such countries that deal with poverty. These foundations donate some money or gifts to poor people. Other than that, the Govt announces scholarships for needy students. Some rich and kind-hearted people help the needy people by giving those gifts or some money.In the above paragraph, I have used two specific words. One is “donation” and the second … [Read more...] about Difference between Grant and Donation

Filed Under: Investment & Money Tagged With: Differences, Grant, Loan

Difference between Grant and Loan

Last Updated on November 17, 2020 By Lisa C. Townes Leave a Comment

Difference between loan and grant

Are you looking for a suitable financing option for your business or personal matters? Loan and grants are two possible solutions to your problem. But before you select one, it is essential to understand what both are, and what’s the difference between grant and loan to make the right choice for your situation.This article briefly describes the terms Grant and Loan and elaborates on the differences between loans and grants.What is Grant?When one party provides funds (in the form of … [Read more...] about Difference between Grant and Loan

Filed Under: Banking & Finance, Investment & Money Tagged With: Differences, Grant, Loan

Difference between Secured and Unsecured Loan

Last Updated on March 9, 2021 By Lisa C. Townes Leave a Comment

businessman taking tea and using laptop

Its early morning, and you're in a hurry to get to work on time. Unexpectedly, your car has begun to make a terrible churning noise. You struggle to get it to the repair shop, but the repairing cost turns out to be thousands of dollars, and you don't have that much cash in the account. What would you do? Taking out a loan may be a wise way to pay for an immediate emergency or fund a big purchase.Similarly, if you're trying to increase your company's funding, you'll probably get quotes on … [Read more...] about Difference between Secured and Unsecured Loan

Filed Under: Banking & Finance Tagged With: Differences, Loan Provider, secured loan, unsecured loan

16 Major Difference between Public and Private Finance

Last Updated on February 5, 2020 By Lisa C. Townes Leave a Comment

difference between public finance and private finance

The term “finance” is associated with revenue and expenditure. Public finance is a branch of Economics which deals with the government’s revenue and expenditures of an economy. If it is related to the private sector, it is called private finance.Finance includes those means by which we make various types of payment. It may be defined as the provision of money at the time of need. In other words, it is the arrangement of money sources and the acquisition of funds for the satisfactory conduct … [Read more...] about 16 Major Difference between Public and Private Finance

Filed Under: Commerce Tagged With: Differences, Private Finance, Public Finance

Differences between Cartel & Trust Form of Business

Last Updated on February 26, 2020 By Lisa C. Townes Leave a Comment

CARTELTRUSTIt can be formed easilyThe formation of the trust is a complicated matter Cartel is a horizontal type of combinationIts type is vertical. In the cartel, member firms possess separate entity and are free in their internal affairsIn the trust, central body is considered policy maker and the member firms are bound to execute the policy. Generally the members are not free in internal affairsAs distribution activities are performed collectively by its members, it can secure economies … [Read more...] about Differences between Cartel & Trust Form of Business

Filed Under: Business Tagged With: Cartel, Differences, Trust

Business Combination

Last Updated on September 4, 2020 By Lisa C. Townes Leave a Comment

Business combination is formed when two or more business undertaking units combine to carry on business together for achieving the economic benefits.It is also originated when a number of different business concerns of same line combine together under one management with a view to achieve some definite objects of mutual benefits.At present we find a general tendency to form cartel, trust, holding company, pool and amalgamation etc at home or abroad for the object of increasing capital … [Read more...] about Business Combination

Filed Under: Commerce Tagged With: Combination, Company, Differences, Holding Company, Joint Stock Company

Pepsi and Coca Cola Market in Pakistan

Last Updated on February 21, 2020 By Lisa C. Townes Leave a Comment

coke and pepsi in fridge

For every company, competitors are considered to be the main sources of threat. Competitors are having a great influence on the strategies of the company. So, coke always tries its best to continuously improve its strategies and planning procedures. The direct competitor of coke is Pepsi, while its indirect competitors include Nestle mineral water, juices energy drinks, and milk.Basis of CompetitionThe main basis of competition between Coke and Pepsi is price and promotional activities. … [Read more...] about Pepsi and Coca Cola Market in Pakistan

Filed Under: Business Tagged With: Coca-Cola, Differences, Pakistan, Pepsi

What is Coca Cola Differentiation Strategy?

Last Updated on February 2, 2020 By Lisa C. Townes 1 Comment

differentiation in fishes

Coke differentiation strategy is for development of product (soft drinks) and services (delivery) to offers unique feature & attributes.Value Addition in features helps a company to offer a special price for it. Like when you buy mineral water is cost you less but when you buy vitamin water, its price is little high. This higher price is to Cover Company’s cost that usually doesn’t cover from routine priced products.Customers surely pay when they don’t have any alternative for you. … [Read more...] about What is Coca Cola Differentiation Strategy?

Filed Under: Business Tagged With: Coca-Cola, Differences, Strategies

Difference between Selling and Salesmanship

Last Updated on February 26, 2020 By Lisa C. Townes Leave a Comment

Difference between Selling and Salesmanship

If you ask Difference between Salesmanship and Selling, most of them will be unable to distinguish and answer. Salesmanship & Selling in general are considered the same thing. People say Salesmanship is selling but actually they are totally different in Business terminology.Difference between Salesmanship and Selling in Broader PerspectiveSALESMANSHIPSELLINGRefers to convincing CustomerRefers to transferring the ownershipIt is an Art or TechniqueIt is an ActIt's Primary … [Read more...] about Difference between Selling and Salesmanship

Filed Under: Marketing & Advertising Tagged With: Differences, Selling-Salesman

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