Difference Between Occupation and Profession . Which has a … Main Difference – Occupation vs Profession. Many of us want job that is employment but many of us want to start business also. Your occupation is a broad term that encompasses your employment sector or the category of jobs into which you fit. … Business is primarily set up to make profit and acquire wealth, while service is the basic motive of a profession. The main objective of a profession is to provide service. 1.Business: A business is organized to produce or distribute goods or services to society in order to earn profit. heya what is differce between business profession, employement profession thanks in advance Reply With Quote . People remain especially confused between vocation and profession as they have similar meanings and often used interchangeably by people. Difference between Profession, Employment and Business . Business English Course A lot of English learners confuse the words job, work, and career. ). Distinguish between Business Profession and Employment on the following basis : (a) Nature of work, (b) Reward, (c) Risk However, despite similarities and quite a bit of overlap, there are differences between vocation and profession that will be brought out in this article. Nature And Purpose of Business . 14 June. The difference between occupation and profession can be stated with a simple example: Designing a building would be called a profession, whereas, constructing a building is an occupation. Normally, those earning professional income are governed by a licensing body (e.g., architects, dentists, doctors, engineers, lawyers etc. Apparently, there is still some misunderstanding about the difference between the two, and in all honesty, there may be some overlap, depending on the circumstances. chippy46 chippy46 09.08.2019 Business Studies Secondary School Difference between business profession and employment 2 See answers ravishinde19 ravishinde19 Answer: business kudh se shuru karna padta hai and and employment ko kisi ne bataya … Blog. But let’s start by being very clear about the technical differences between a personal and a professional reference. An avocation is a secondary job or hobby. Nature And Purpose of Business . It involves various kinds of activities such as purchase, sale, store, transport, finance, service which all aim at gaining profit. A lawyer who practices the legal profession takes up cases and offers his technical advice and specialized services for suitable payment. So do the chartered accountant and the medical practitioner. So there is a requirement for individuals who represent considerable authority in some particular errands or occupations.That particular occupation a profession. Also, we are going to give you … Read More. The difference between these terms is more than semantics. Occupation and Profession are two words that are often used interchangeably. The duration of a job may range from temporary (e.g., hourly odd jobs) to a lifetime (e.g., judges). Hiring. In fact, employment, job, career, profession, etc. What is the difference between Business profession and employment profession? As an employee, she may be entitled to employee benefits like paid time off, training, health insurance, and she normally would be covered by state programs like worker's compensation and unemployment benefits. Thanks for A2A. Both job and employment can be used in conjunction with the term occupation. Both are professional development paths. Difference between Business, Employment and Profession. It is also essential to understand the difference between a Profession and an Occupation as they are using interchangeably by many people. Home » Business » Management » HR » Difference Between Occupation and Profession. An activity that requires a person's mental or physical effort is work (as in "a day's work"). Ask your question. What is your employment means what is your job. While there is no fault in using these words as synonyms, there is a slight difference between … Join now. Occupation and profession are similar in that they both refer to the general type of work you would seek employment in. Professions: Professions are those occupations which involve the rendering of personal services of a special and expert nature. The main objective of employment is to earn income in the form of salary by satisfying the employer. are you employed or not? The main difference between business and professional income is that businesses have inventory and sales, while professionals have work-in-progress and charge fees. Dear Friends, you must have heard about business, employment and profession. I.e. Posted by Being Commerce; Comments 0 comment; Today we are going to discuss the new chapter of business studies CBSE class 11 that is the nature and purpose of business. Occupation Is a Broad Concept. A profession; An Employment. Business difference from profession and employment in the following respects. Join now. What’s the Difference Between a “Personal” Reference and a “Professional” Reference? On the other hand, career refers to the sequence of related employments which a person takes on, in his life, which includes jobs held, titles earned, projects accomplished, etc. It was long, but hope this helps! Let us today formally understand the Differences between Business, Employment and Profession in tabular form. Professional liability is needed for professionals like accountants, engineers, graphic designers and more. What are the options available after B.Sc Life Sciences? The words occupation and profession are interchangeable. difference between business profession and employment. My understanding is that employment is the immediate job that you may hold. JOB (noun) Further, business requires huge capital investment, at its initial stage. Related: What to take after 10th between Science and Commerce if I wish to make Interior designing as my profession? 2. Log in. Vocation - Your occupation. Understanding the differences can help you figure out what it is you want to do for a living. You could also describe it as your area of interest. Menu. June 8, 2016. by Hasa. are some words that are essentially bound with employment.Although many people use these words interchangeably in a general sense, there is a subtle difference between each of these words. 1. Job title, career, profession, occupation, etc. Comparison of business, profession and employment: Business refers to those economic activities which are connected with the production or purchase and sale of goods or supply of services with the main object of earning profit. … A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent. Both terms are interchangeably used and have one major difference. In a contract of employment, the individual is legally considered to be an employee. Whereas your profession is what you do for a living. I wrote a lifestyle blog, I got paid for it.. … Some states require a business owners to have E&O insurance in order to conduct business, such as in the case of physicians. 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