Business & Finance

Market Research vs Marketing Research

Market Research vs Marketing Research
Market research is a subset of marketing research. Marketing Research has a much larger scope as it deals with conducting research about the product, as well as consumer preferences; whereas, market research...

Term Life vs Whole Life Insurance

Term Life vs Whole Life Insurance
Term life insurance protects the issuer against unforeseeable events for a limited time. Whole life insurance are policies that last the duration of the life of issuer and pays out when they die.

Sales Tax vs Value Added Tax (VAT)

Sales Tax vs Value Added Tax (VAT)
Both Sales Tax and VAT are consumer taxes, which means that they have to be paid whenever one purchases a product that is meant to be consumed or used. However, sales tax is a type of direct tax, while VAT is...

Forward Contract vs Future Contract

Forward Contract vs Future Contract
A forward contract is a non-standardized contract that allows parties to customize how they want to sell or buy an asset, at which price and what date. On the other hand, a future contract is a standardized...

Service Tax vs Value Added Tax (VAT)

Service Tax vs Value Added Tax (VAT)
Service Tax is a tax that is levied by the government on any services that are rendered. Value Added Tax (VAT) on the other hand is a tax that is levied by the government for goods that are purchased. However...

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