different between business and profession
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Hey there!!!!
Business means to buy and sell things. Business comes from the word 'busy'. It also means to keep someone busy in his/her work.
¤ The main characteristics of business are:
• An economic activity
• Production or purchase and sale of goods and services on a regular basis.
• The main purpose is to earn profit
• Uncertainty of return
• Presence of element of risk
Whereas:
_______
The profession is a paid occupation in which a person is formally qualified and has undergone prolonged training, render services to general public. It needs a person to be qualified.
Hope this helps you ...............
Please mark as brainlist ^_^
Business means to buy and sell things. Business comes from the word 'busy'. It also means to keep someone busy in his/her work.
¤ The main characteristics of business are:
• An economic activity
• Production or purchase and sale of goods and services on a regular basis.
• The main purpose is to earn profit
• Uncertainty of return
• Presence of element of risk
Whereas:
_______
The profession is a paid occupation in which a person is formally qualified and has undergone prolonged training, render services to general public. It needs a person to be qualified.
Hope this helps you ...............
Please mark as brainlist ^_^
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