Human Resouce Management follows different policies and procedures to ensure the efficient working of an organization. Many of us think policies and procedures are alike and similar but there exist many differences between them but they are considered as interlinked and both of them acts as complimentary to each other. This article presents you the […]
Difference between Job Description and Job Specification
Job Description and Job Specification are the terms which are mostly misunderstood in Human Resource circles. There exist many differences between these two terms. Job Description and Job Specification are related to the process of Job Analysis. Job Analysis is defined as a process of systematic study of a specific job to determine the personal […]
difference between Job Enlargement and Job Enrichment
We are all aware that the main function of the Human Resource Manager is to assign a job which is best suited for the employee, For this reason, HR managers are required to design the activities of job which is called as ‘Job Design’. Job Design is the process which determines the duties and responsibilities […]
Difference between Memorandum of Association and Articles of Association
MEMORANDUM OF ASSOCIATION Memorandum of Association is the primary document of the company. MoA must be submitted to Registrar of Companies at the time of Incorporation of the company. It is called as charter or the constitution of the company. MOA shows the relationship of the company with the outside world. MOA of a company […]
Difference between Cheque and Bill of Exchange
Bill of Exchange and Cheque are the most common documents which are used widely by all most every person to make payments easily. Both these documents have many differences and similarities which contribute to their uniqueness in terms of functionality. We have also written an article about the difference between Promissory Note and Bill of Exchange. CHEQUE […]
Difference between Promissory Note and Bill of Exchange
The word Negotiable means transferable from one person to another either by delivery or by endorsement and delivery. A Negotiable instrument is a written document where rights are created in favor of one party and obligations are made on the another party. The Negotiable instruments are of three types, They are: ⦿ Promissory Note ⦿ […]
