Absolute advantage vs comparative advantage: Economics forms a rich collective knowledge on how little resources are utilized by humans as they strive to survive in this competitive world. Theories and concepts in absolute and comparative advantage are very important in explaining various world economies. These have a huge impact on different countries and determine how … Read more
Press release vs Press conference: A press release is commonly usually a written or non-written statement which contains very serious matters about the organization or state that it is to be read to the public. The person preparing is usually the head of an organization, political party or state and mostly handed to the media … Read more
Preferred stock Vs. common stock:A preferred stock is part of ownership in an open company. The preferred stock has some characteristics of a common stock and other bond. Preferred stocks pay a dividend same as common stock. The difference is that the preferred stock distribute an agreed dividend at regular intervals. This quality is similar … Read more
Product Market is the marketplace wherein the final goods and services are being sold to the public sector and various types of businesses. It focuses mainly on the sale of the finished product. The product markets depend on the operation of supply and demand in order to discern prices. In short, the increase in demand … Read more
The Business world today has a lot of Buzzwords that can be difficult to understand and differentiate if you are not into Business studies. The good thing is that most of these Buzzwords are productive and others are very useful in our day to day life. The most confusing thing in the Business world is … Read more
Press release vs Press conference: A press release is commonly usually a written or non-written statement which contains very serious matters about the organization or state that it is to be read to the public. The person preparing is usually the head of an organization, political party or state and mostly handed to the media … Read more
Economic order quantity model vs. Production order quantity model: In inventory management, economic order quantity is the order quantity that minimizes the total holding costs and ordering costs. It’s such an ideal order quantity that a company should purchase for its inventory given a set cost of production, a certain demand rate, and other variables, … Read more
