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List of “Difference Between” Topics in Commerce

Last Updated : 14 Nov, 2023
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Commerce refers to the exchange of goods and services among two or more entities/parties. It usually includes buying and selling of things of value and is often done for profit. The two branches of commerce are Trade and Auxiliaries to Trade. Commerce is a subset of businesses focusing on the sale of finished or semi-finished products instead of marketing, sourcing, manufacturing, or transporting them. Selling a single good or service is a transaction and the collection of all the transactions is known as Commerce.

difference-between-topics-of-commerce

What is the benefit of the Difference between articles in Commerce?

The difference between articles will help the readers/students gain an in-depth knowledge of the topics by making them aware of the major differences between the two concepts. Besides, with the help of a tabular presentation of the differences, the students can easily memorize the points.

Below are the Difference between articles on different subjects of Commerce, including Business Studies, Accountancy, Economics, Management, Entrepreneurship, Marketing, Digital Marketing, Finance, Income Tax, Auditing, Law, Money & Banking, and several other subjects.

Business Studies

1.

Difference between Business, Profession, and Employment

2.

Difference between Private and Public Sector

3.

Difference between Goods and Services

4.

Difference between Life, Marine, and Fire Insurance

5.

 Difference between E-business and Traditional Business

6.

 Difference between Articles of Association and Memorandum of Association

7.

Difference between Wholesale And Retail

8.

 Difference between Wholesaler and Retailer

9.

 Difference between Departmental Stores and Multiple Stores

10.

Difference between Supermarket and Hypermarket

11.

 Difference between International Trade and International Business

12.

 Difference between Domestic Business and International Business

13.

Difference between International Trade and International Business

14.

Difference between Efficiency and Effectiveness

15.

 Difference between Coordination and Cooperation

16.

 Difference between Unity of Command and Unity of Direction

17.

 Difference between Time Study and Motion Study

18.

 Difference between Fayol and Taylor Theories of Management

19.

 Difference between Standing Plans and Single-Use Plans

20.

 Difference between Policies and Objectives

21.

 Difference between Policies and Strategy

22.

 Difference between Policies and Procedures

23.

Difference between Procedures and Methods

24.

Difference between Procedures and Rules

25.

Difference between Policies and Rules

26.

Difference between Rules and Methods

27.

Difference between Functional Structure and Divisional Structure

28.

Difference between Formal and Informal Organisation

29.

Difference between Authority, Responsibility and Accountability

30.

Difference between Centralization and Decentralization

31.

Difference between Delegation and Decentralisation

32.

Difference between Internal Recruitment and External Recruitment

33.

Difference between Recruitment and Selection

34.

Difference between Transfer and Promotion

35.

Difference between On-the-Job Training Methods and Off-the-Job Training Methods

36.

Difference between Training and Development

37.

Difference between Training, Development and Education

38.

Difference between Financial and Non-financial Incentives 

39.

Difference between a Manager and a Leader

40.

Difference between Money Market and Capital Market

41.

Difference between Primary Market and Secondary Market

42.

Difference between NSEI and OTCEI

43.

Difference between Selling and Marketing

45.

Difference between Convenience Products, Shopping Products and Speciality Products

46.

Difference between Consumer Products and Industrial Products

47.

Difference between Branding and Packaging

48.

Difference between Packaging and Labelling

49.

Difference between Advertising and Personal Selling

50.

Difference between Advertising and Publicity

51.

Difference between Businessman and Entrepreneur

52.

Difference between Entrepreneur and Manager

53.

Difference between Saving Account and Current Account

54.

Difference between Debt and Equity

Accountancy

1.

Difference between Assets and Liabilities

2.

Difference between Accounting and Accountancy

3.

Difference between Cash Basis and Accrual Basis of Accounting

 4.

Difference between Accounting Concept and Accounting Convention

5.

Difference between a General Ledger and a Ledger

6.

Difference between Bookkeeping and Accounting

7.

Difference between Balance Sheet and Profit & Loss Account

 8.

Difference between Bank Statement and Bank Reconciliation Statement

9.

Difference between Depreciation and Amortization

10.

Difference between Straight Line and Written Down Value Method of calculating Depreciation

11.

Difference between Provisions and Reserves

12.

Difference between Capital Reserve and Revenue Reserve

13.

Difference between Bills of Exchange and Promissory Note

14.

Difference between Capital Expenditure and Revenue Expenditure in Accountancy

15.

Difference between Capital Receipts and Revenue Receipts in Accountancy

16.

Difference Between Not for Profit Organisation and Profit Earning Organisation

17.

Difference between Receipt and Payment Account And Income and Expenditure Account

18.

Difference between Income and Expenditure A/c and Profit and Loss A/c

19.

Difference between Limited Liability Partnership and Partnership Firm

20.

Difference between Profit and Loss Account And Profit and Loss Appropriation Account

21.

Difference between Fixed Capital Account and Fluctuating Capital Account

22.

Difference between Sacrificing Ratio and Gaining Ratio

23.

Difference Between Normal Loss and Abnormal Loss

24.

Difference between Insolvency and Bankruptcy

25.

Difference between Dissolution of Firm and Dissolution of Partnership

26.

Difference between Firm’s Debt and Private Debt

27.

Difference between Realisation Account and Revaluation Account

28.

Difference between Public Company and Private Company

29.

Difference between Preference Shares and Equity Shares

30.

Difference between Oversubscription and Undersubscription

31.

Difference between Capital Reserve and Reserve Capital

32.

Difference between Shares and Debentures

33.

Difference between Balance Sheet and Financial Statement

34.

Difference between Balance Sheet and Consolidated Balance Sheet

35.

Difference between Profit and Loss Account And Profit and Loss Appropriation Account

36.

Difference between Balance Sheet and Cash Flow Statement

37.

Difference between Statement of Affairs and Balance Sheet

38.

Difference between Manual and Computerised Accounting

39.

Difference between Management Information System (MIS) and Accounting Information System (AIS)

40.

Difference between Cost Centre and Profit Centre

41.

Difference between Cash Market and Future Market

42.

Difference Between Accounting and Finance

43.

Difference between Costing and Cost Accounting

Economics

1.

Difference between Microeconomics and Macroeconomics

2.

Difference between Budget Line and Budget Set

3.

Difference between Individual Demand and Market Demand

4.

Difference between Expansion in Demand and Increase in Demand

5.

Difference between Contraction in Demand and Decrease in Demand

6.

Difference between Substitute Goods and Complementary Goods

7.

Difference between Normal Goods and Inferior Goods

8.

Difference between Substitution Effect and Income Effect

9.

Difference between Normal Goods, Inferior Goods, and Giffen Goods

10.

Difference between Returns to Factor and Returns to Scale

11.

Difference between Explicit Cost and Implicit Cost

12.

Difference between Stock and Supply

13.

Difference between Perfect Competition and Monopoly

14.

Difference between Perfect Competition and Monopolistic Competition

15.

Difference between Monopoly and Monopolistic Competition

16.

Distinction between the four Forms of Market(Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly)

17.

Difference between Price Ceiling and Price Floor

18.

Difference between Direct Personal Investigation and Indirect Oral Investigation

19.

Difference between Questionnaire and Schedule

20.

Difference between Census Method and Sampling Method of Collecting Data

21.

Difference between Frequency Array and Frequency Distribution

22.

Difference between Real Flow and Money Flow

23.

Difference between Stock and Flow

24.

Difference between Nominal GDP and Real GDP

25.

Difference between Commercial Bank and Central Bank

26.

Difference between APC and MPC

27.

Difference between APS and MPS

28.

Difference between Induced Investment and Autonomous Investment

29.

Difference between Excess Demand and Deficient Demand

30.

Difference between Direct and Indirect Tax

31.

Difference between Revenue Receipt and Capital Receipt

32.

Difference between Revenue Expenditure and Capital Expenditure

33.

Difference between Fiscal Deficit and Revenue Deficit

34.

Difference between Primary Deficit and Fiscal Deficit

35.

Difference between Devaluation and Depreciation

36.

Difference between Current Account and Capital Account of BoP

37.

Difference between Balance of Payment and Balance of Trade

38.

Difference between Relative Poverty and Absolute Poverty

39.

Difference between Physical Capital and Human Capital

40.

Difference between Human Capital and Human Development

41.

Difference between Formal Sector and Informal Sector

42.

Difference between Commercial and Non-commercial Sources of Energy

43.

Difference between Economic Infrastructure and Social Infrastructure

Management

1.

Difference between Entrepreneur And Intrapreneur

2.

Difference between Management and Administration

3.

Difference between Creativity and Innovation

4.

Difference between Coaching and Mentoring

5.

Difference between a Project Manager and Product Manager

6.

Difference between Traditional and Learning Organisation

7.

Difference between Group and Team

8.

Difference between Authority and Power

9.

Difference Between Management by Objectives (MBO) and Management by Exception (MBE)

10.

What is the difference between a Job Application, a Resume and a CV?

Entrepreneurship

1.

Difference between Male Entrepreneurs and Female Entrepreneurs

Marketing

1.

Difference between Vertical Marketing System and Horizontal Marketing System

Digital Marketing

1.

Difference between CPM and CPS

2.

Difference between Programmatic Ads and Direct Ads

Finance

1.

Difference between KPI and KRI

2.

Difference between Dividend Yield Mutual Funds and Dividend Options

3.

Difference between Hedge Funds and Mutual Funds

Income Tax

1.

Difference between AIS and Form 26AS

Auditing

1.

Difference between Audit and Review

Law

1.

Difference between Strict Liability and Absolute Liability

2.

Difference between Agreement and Contract

Money & Banking

1.

Difference between External Debt and Internal Debt

2.

Difference between Private Debt and Public Debt

3.

Difference between Public Sector and Private Sector Banks

4.

Difference between Commercial and Cooperative Banks

Miscellaneous

1.

Difference between Capitalism and Communism

2.

Difference between Authoritative, Democratic and Laissez Faire Style of Leadership

3.

Difference between Cash Market and Derivative Market

4.

Difference between Mission and Vision

5.

Difference between Public Finance and Private Finance

6.

Difference between Stock Dividend and Stock Split

7.

Difference between Tariff and Non-tariff Barriers

8.

Difference between Financial Accounting and Management Accounting

9.

Difference between Motivation and Morale

10.

Difference between Reward and Incentive

11.

Difference between Entrepreneur and Entrepreneurship

12.

Difference between Intrinsic and Extrinsic Motivation

13.

Difference between Bilateral Trade and Multilateral Trade

14.

Difference between Cost Accounting and Management Accounting


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