Corporations

Authority vs Responsibility

Authority vs Responsibility
Authority and Responsibility are two sides of the same coin. The term ‘authority’ stands for power or rights assigned to an individual to make decisions, whereas ‘responsibility’ is a duty to maintain and...

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...

Training vs Development

Training vs Development
A prominent difference between training and development is that training is concerned with acquisition of new skills, whereas development means adding value to one’s existential skill-set.

Book Value vs Market Value

Book Value vs Market Value
Book value is the price paid for a particular asset; the price never changes so long as one owns the asset. Whereas, the market value is the current price at which one can sell an asset.

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