Tag Archives fordifference between

Quality vs. Grade

The terms “quality” and “grade” are often used interchangeably. In this post, let’s understand the difference between these two terms.Difference between Quality and Grade:Quality is an attribute that describes how well something works. It is often measured by its performance against specifications. In contrast, the grade is a measure of the relative value of different […]

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Job Enrichment vs. Job Enlargement

Define “job enrichment” and “job enlargement.”Job enrichment is a process in which an individual’s skills, knowledge, or abilities are increased through learning new things. It is also called vertical expansion. Job enrichment refers to making jobs more interesting so employees enjoy their work. It has been used for decades now. Job enlargement is a process in […]

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Managers vs. Leaders

A manager is responsible for directing and coordinating activities within an organization. A leader is someone who inspires others by example.Manager:• Responsible for the overall performance of a group or department • Has authority to hire, fire, promote, demote, transfer, etc., employees • Sets goals and objectives for the team/department • Manages people in order to meet organizational […]

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Distinguish between Statistical and Practical Significance

It’s essential to understand the difference between statistical and practical significance. This distinction is often overlooked by students who are learning statistics. In this blog post, I’m going to explain the difference between these two concepts. What’s the difference between statistical and practical significance? In a nutshell: Although the statistical significance shows that there’s an effect, the practical […]

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Negative Risks vs Positive Risks

Section 1: Defining risksThe official definition of risk per ISO 31000 is: “The effect of uncertainty on objectives.” If I have to define it in a single word, I will define risk as “unexpected.” Any unexpected event that stops you from achieving your objective. Whether I call the risk “The effect of uncertainty on objectives” or “unexpected,” […]

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Stratified vs. Cluster Sampling

Cluster vs Strata:A cluster is a group of objects that are similar in some way. For example, a cluster of people who have similar interests, hobbies, or occupations. Strata is a term used in geology to describe layers of sedimentary rocks that have been deposited over time. Stratification is the separation of layers in sedimentary rocks.Cluster […]

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Difference Between Risk and Hazard

Hazard is any undesirable condition that may cause damage to people, property, or the environment. Risk is the probability that an undesirable event will occur. It is often defined as the likelihood of a negative outcome and its consequences. Risk means the possibility that an event might occur. It does not mean that the event has […]

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Difference Between Audit Independence and Objectivity

Audit Independence:Audit independence refers to the ability of an audit team to perform an independent assessment without interference from management. It is achieved by having the right people on the audit team and by ensuring that they are free from any influence from management. Audit independence means that an auditor has no stake in the business […]

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Histogram vs. Bar Chart

A histogram is a graphical representation of data. It shows the distribution of values within a set of data. The bars represent the number of observations at each value. Bar charts are similar to histograms but instead of showing the frequency of observations, they show the probability of a discrete observation occurring. Histograms and Bar charts are […]

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Statutory vs. Regulatory Requirements

What is the difference between Statutory Requirements and Regulatory Requirements?The term “statutory and regulatory requirements” appear in ISO 9001:2015 for 12 times. These two requirements together are also called as the legal requirements. However, the question here is: “What is the difference between statutory and regulatory requirements?”. The difference between statutory and regulatory requirements is a subtle […]

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PDCA vs. PDSA

What is the difference between PDCA and PDSA?The concept of PDCA is based on the scientific method. It was popularized by W. Edwards Deming. He later changed it to PDSA and called it Shewhart Cycle. Both PDCA cycle (Plan, Do, Check, Act) and PDSA cycle (Plan, Do, Study, Act) are the iterative problem solving and continuous […]

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