This article will help you to learn about the difference between goals, mission, and purpose. Difference between Goals, Mission, and Purpose Goals Goals are the ends which the organisations strive to achieve. They are the reason for an organisation to exist. Organisations are formed to achieve some goal. Goals are framed for the entire organisation, for all departments and for [...]
This article will help you to learn about the difference between organizational goals and individual goals. Difference between Organisational Goals and Individual Goals The hierarchy of objectives makes clear distinction between individual and organisational goals. Organisational goals are framed for different levels of the organisation and individual goals represent the goals of people working in the organisation. Managers at different [...]
This article will help you to learn about the difference between horizontal and vertical integration. Difference between Horizontal and Vertical Integration Horizontal Diversification (Integration) 1. Nature: In horizontal diversification, two businesses, similar or dissimilar, join together. 2. Size of operations: Horizontal diversification enlarges the scope of operations and, thus, provides economies of scale. 3. Flexibility: Failure of one business does [...]