Difference between innovation and creativity

There’s a lot of confusion surrounding creativity and innovation. “Creative types,” in particular, claim that …

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Difference between Platforms and Traditional Business Models

Platform: A platform business model unlocks value for its end users and consumers by enabling …

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Important Differences between Linear and Circular Economy

Linear Economy The traditional linear economy pattern follows the take-make-dispose scheme. This method of production …

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Important Differences between Database System and Data Warehouse

Database System Database System is used in traditional way of storing and retrieving data. The …

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Important Differences between Data Mining and Data Processing

Data Processing Also known as Data Warehousing is a technology that aggregates structured data from …

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Important Differences between Performance and Traditional Budgeting

Performance Budgeting provide a meaningful relationship between estimated inputs and expected outputs as an integral …

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Concept, Nature, Needs, Importance, Types, Determinants of Working Capital

Working capital denotes the amount of funds needed for meeting day-to-day operations of a concern. …

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Estimation of working capital requirements

In estimating working capital needs, different people adopt different approaches. Some experts suggest that the working capital should …

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Evils of Excess or Inadequate Working Capital

When there is a redundant working capital, it may lead to unnecessary purchasing and accumulation …

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Financing Approaches to working capital

The Hedging or Matching Approach: The term ‘hedging’ usually refers to two off-selling transactions of …

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