compare business with profession and employment for 8 marks
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business is a set or organised activities in which a person produce goods and services to earn profit.
the objective of business is to earn profit and provide better quality of goods and serices
in business the systemetised body of knowledge is not necessary but helpful
profession is a systemetised body of knowledge where a person studied a lot and got the professional fees.
the objective of profession is to provide the services like a teacher, doctor etc
in any profession knowldege is essential
employment means the person work for the other for remuneration
the objective of employment is provide service to employer and to earn remuneration
knowledge is not necessary
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