Business Studies, asked by ifeomamichelle, 5 months ago

differntiate between production and occupation

Answers

Answered by Anonymous
1

Answer:

Occupation is an activity undertaken by the person to earn his livelihood. It can be business, profession or employment that a person undertakes to make money. Profession is an activity that requires specialised training, knowledge, qualification and skills.

Whereas, Production is the action of making or manufacturing from components or raw materials, or the process of being so manufactured.

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