Business Studies, asked by raafiya28, 5 months ago

distinguish between profession; employment and business​

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Answered by Anonymous
7

Explanation:

Proffesson : profession is a field of work in which a particular set of skills is needed to work . For example if a person is a doctor he is said to have a profession in health care and if a person is a teacher then he or she is said to have education as a profession .

Employment: employment is a two party contract or agreement in which one party will work and get payed for their work by the other party and the other party will pay the first party and get benefited from their work . Such a mutual and professional relationship is called employment . The one who pays the salary is called the employer and the one who works and gets payed is the employee .

Business : A business is an economic activity done by an individual to get income . The business may be of selling products , distributing products or packing and delivering products . The only thing that matters is that income should be made .

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Answered by Anonymous
7

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