Distinguished between profession and employment
Answers
Answer:
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Explanation:
Meaning. Profession refers to that work which requires special skill and knowledge so as to do a specialized job while employment refers to working for somebody else which may be sole proprietorship or partnership or company.
Answer:
The difference between profession and employment is the main objective of a profession is to provide service; on the contrary, the objective of employment is to earn income in the form of salary by providing satisfactory work to the employer
Limited capital investment is required in profession while no limited capital investment is required in employment.
There is little risk involved in the profession while there no risk in employment.
Professions main objective is to provide service and employment' s main goal is to earn income
in the shape of salary.
Profession involves the rendering of services of specialized nature in a personalized way while employment Involves performing the work activity as directed by the employer/company.
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