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Difference between Rationalisation and Scientific Management

This article will help you to learn about the difference between rationalisation and scientific management. Difference between Rationalisation and Scientific Management Difference - 1. Nature and Scope: Scientific management involves the application of scientific principles to a business unit. But rationalisation covers the entire industry. Logic and scientific methods are applied to the entire industry under rationalisation. Scientific management is [...]

By |2023-02-19T17:48:30+05:30March 24, 2017|Difference Between|Comments Off on Difference between Rationalisation and Scientific Management

Difference between Bill of Exchange and Promissory Note

This article will help you to learn about the difference between a bill of exchange and a promissory note. Difference between Bill of Exchange and Promissory Note Bill of Exchange 1. Drawer: It is drawn by a creditor. 2. Parties: There are three parties: (i) Drawer, (ii) Drawee and (iii) Payee. 3. Acceptance: A bill of exchange requires acceptance of [...]

By |2023-02-19T18:24:23+05:30March 7, 2017|Difference Between|Comments Off on Difference between Bill of Exchange and Promissory Note

Difference between Bill of Exchange and Cheque

This article will help you to learn about the between a bill of exchange and a cheque. Difference between Bill of Exchange and Cheque Bill of Exchange 1. Drawn On: It is usually drawn on any person. 2. Acceptance: Acceptance of bill of exchange is necessary before its payment can be claimed. 3. Days of Grace: Three days of grace [...]

By |2023-02-19T17:54:29+05:30March 7, 2017|Difference Between|Comments Off on Difference between Bill of Exchange and Cheque
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