What is the difference between Domain and Workgroup?

Domain Workgroup

A domain is a centralized network model.

A workgroup is a decentralized network model.

Here, one administrator manages the domain and its resources.

Here, every user manages the resources individually on their PCs.

It is good for large networks.

It is good for small networks.

Here, the computer can be connected to any network.

All the computers here should be connected to the same LAN.