Small Business

Authority vs Power

Authority vs Power
The terms ‘authority’ and ‘power’ complement each-other. Authority is a legal ability and authorization to exercise power, while ‘Power’ is the ability to control over the authority.

Authority vs Accountability

Authority vs Accountability
In business functions, Authority and Accountability are the roles, which work hand-in-hand. The ‘authority’ is the right or power assigned to an individual, whereas ‘accountability’ is the ability to handle...

B2B and B2C

B2B and B2C
B2B and B2C are e-commerce business strategies. B2B is meant for Business-to-Business, wherein the business transaction takes place between businesses and B2C is meant for Business-to-Consumer, where the...

Supplier vs Trader

Supplier vs Trader
A supplier is someone who supplies products to the respective authority, while a trader is one who first buys and then sells the product or currency.

Supplier vs Distributor

Supplier vs Distributor
The supplier supplies the goods or services, while a distributor resells the product directly to the customer or end-user.

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