This article will help you to learn about the difference between commodity and stock exchange. Difference between Commodity Exchange and Stock Exchange 1. Commodities Dealt in: Commodity exchanges provide facilities for the purchase and sale of agricultural goods, minerals as well as manufactured goods. Stock exchange, are on the other hand, to assist the purchase and sale of securities. 2. [...]
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 [...]
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 [...]