14 Difference Between Training And Development

1. Training is a learning process in which employees get an opportunity to develop skill, competency and knowledge as per the job requirement.
2. Development focuses on the long term. Human resource managers propose a strategy to put in place over several months or years, comprising a set of initiatives that are expected to bear fruit over a long period of time.
3. Training is usually a short term process.
4. Training focuses on the role.
Development focuses on the person.
5. 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.
6. Focus on
TRAINING
Present
DEVELOPMENT
Future
7.  If training focuses on a job position, development puts the emphasis on building a successful professional career.
8. The Purpose of Training:
To provide the ability to undertake a task or job
To improve productivity and workforce flexibility
9. The Purpose of Development:
Better knowledge
Changing attitudes
Increased capability and skills
10. Training programs are group focused.
Development activities tends to be more of a personalized experience.
11. Training is time bound.
Development is unending.

Top 10 Chemical Engineering Universities In Uk

1. University of Cambridge
2. Imperial College London
3. University of Oxford
4. University of Birmingham
5. University of Bath
6. University of Edinburgh
7. University of Manchester
8. Heriot-Watt University
9. University of Leeds
10. University of Strathclyde

9 Difference Between Car Loan And Personal Loan

1. The Personal Loan (Unsecured)
A personal loan provides the borrower with funds from a lending institution (generally a bank), whereby the full loan amount is paid in a lump sum that can be used at the borrower’s discretion.
2. Interest Rates:
Generally, unsecured loans have higher interest rates than comparable secured loans with collateral attached.
3. Personal loan comes with no restrictions on how funds are spent.
4. Interest rates on personal loan is high.
5. Interest rate on car loan is less compare to personal loan.
6. Car loans use the vehicle you’re borrowing money for as collateral.
7. Most car loans are fixed at 36, 48 or 60 months.
8. Personal Loan:
You can use approved funds for any purpose.
9. Personal loan lending requirements are tuff.

Top 10 Life Insurance Companies In Singapore

1. AIA Singapore
2. Aviva Ltd
3. Zurich Life Insurance Singapore
4. Tokio Marine Life Insurance Singapore
5. HSBC Insurance Singapore
6. NTUC Income
7. Great Eastern Life
8. AXA Singapore
9. Prudential Singapore
10. Manulife Singapore

12 Sign Of Housing Bubble

1. Shaky loans are common.
2. Bubbles can be determined when an increase in housing prices is higher than the rise in rents.
3. High ownership ratio combined with an increased rate of subprime lending may signal higher debt levels associated with bubbles.
4. An increase in unsold inventory/vacancy.
5. Lower occupancy and lower rents.
6. A downturn in general economic activity that leads to less disposable income.
7. There’s lots of leverage
8. Home prices are rising faster than salaries.
9. When loses mount, credit standards are tightened, easy mortgage borrowing is no longer available, demand decreases, supply increases, speculators leave the market and prices fall.
10. Foreign demand slows.
11. When there are no signs.

12 Sign Of Financial Crisis In Economy

1. 2008 Financial Crisis. The first warning came in 2006 when housing prices started falling and mortgage defaults began rising.
2. Debt in the world economy, as a share of GDP, amounted to 138%, compared with 115% at the end of 2007. For advanced economies, that ratio averaged 195% last year, compared with 183% at the end of 2007.
3. Credit-to-GDP Gap Breaches Critical Level :
Anything above 2 to be a strong gap, and anything above 10 to be a critical warning. Breaching 10 results in a banking crisis in two-thirds of economies, within three years.
4. Everyone around you is talking about stocks (or real estate or whatever the fad asset of the day is). And you should really start worrying when the people talking about getting rich in certain areas of the market don’t have a background in finance.
5. When people begin quitting their jobs to day trade or become a mortgage broker.
6. 9/11 Attacks Crisis:
It was due to uncertainty about whether the United States would go to war. The resultant War on Terror added $1.3 trillion to the national debt.
7. Unsustainably low interest rates over a long period have led to a significant imbalance in economies around the world.
8. Once investors believe that other investors are going to run on the bank, they want to run too (because banks typically hold less than 10% of the cash required to pay back all depositors). In the language of game theory, there is a switch from the “good equilibrium” to the “bad equilibrium”.
9. When someone exhibits skepticism about the prospects for stocks and people don’t just disagree with them, but they do so vehemently and tell them they’re an idiot for not understanding things.
10. When you start to see extreme predictions. The example Bernstein gives is how the best-selling investment book in 1999 was Dow 36,000.