This article will help you to learn about the difference between managing director and whole-time directors of a company. Difference between Managing Director and Whole-Time Director Managing Director Difference - 1. Power: A managing director is director who is entrusted with substantial powers of the management. Difference - 2. Prohibition: Section 197 A of the Act prohibits a company from [...]
This article will help you to learn about the difference between PERT and CPM. Difference between PERT and CPM PERT 1. A probabilistic model with uncertainty A deterministic model with well-known activity in activity duration. Expected time is (single) times based upon past experience, calculated from to, tm and tp. 2. An event-oriented approach. 3. PERT terminology uses words like [...]
This article will help you to learn about the difference between management, administration and organization. Difference between Management, Administration, and Organisation Management Management may be labeled as the art of getting work done through people, with satisfaction for employer, employees and the public. For getting the work done (of an enterprise) through the efforts of other people, it is necessary [...]