Difference Between a Joint Venture and Partnership

A business can come in different forms, like a sole proprietorship, corporation, joint venture or a partnership. Among these types, joint venture and partnership are commonly mistaken for each other. Here are the variations between a joint venture and partnership. A joint venture is a contractual agreement between two companies or parties to join together … Read more Difference Between a Joint Venture and Partnership

Difference Between Make and Model of A Car

When planning to purchase a car or availing a premium on auto insurance, someone might ask you relevant details like the make and model. It’s not uncommon even for car owners to be confused about the difference between make and model. How exactly are the two terms different? The make is used to refer to … Read more Difference Between Make and Model of A Car

Difference Between Quality Control and Quality Assurance

Quality is a prime factor in today’s competitive business world and companies dedicate substantial resources to ensure that their products and services meet or exceed market quality standards. Quality Control and Quality Assurance are distinct processes within production or service delivery that are used to manage such quality. More specifically, quality control is centered on … Read more Difference Between Quality Control and Quality Assurance