Tag: special characteristics
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Difference Between Trade-off Curves and Opportunity Cost
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“There are no solutions, there are only trade-offs.” ― Thomas Sowell Introduction When the alarm bell rings in the morning, either we wake up or we put the alarm on snooze. When we wake up, either we spend our fresh energy on social media like newspapers, Whatsapp, Facebook etc. or we can channel our energy through…
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Difference Between VA and VE
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“I do not mind the difference of opinion. I do mind hate.” ― Unknown Introduction What is the difference between illusion and reality? The illusion is an instance of a wrong or misinterpreted perception of sensory experience. While reality is the state of things as they exist like we can see, feel or touch someone. Many…
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Difference Between Jig and Fixture
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“Realize the difference between truth and opinion.” ― Unknown Introduction What is the difference between day and night? The Earth orbits the Sun once every 365 days and rotates about its axis once every 24 hours. Day and night are due to the Earth rotating on its axis, not its orbiting around the Sun. The term…
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Difference Between Business Plan and Quality Objectives
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“Don’t let your luggage define your travels, each life unravels differently.” ― Shane Koyczan Introduction When we are planning to go on a long drive, say 500 kilometers, we focus on some macro-level activities like when we need to go, with whom we need to go, why we are going, how to go there etc. Before…
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What is the key difference between the Different Attribute Control Chart (p, np, c, u)?
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There’s a difference between being liked and being valued. A lot of people like you. Not many value you. Be Valued.: Unknown Introduction If the difference of opinion is always bad? It depends upon the situation. In some scenarios, it may result in conflict and delay the decision-making process. But, on the other side, it…