Question

How is business different from profession? Answer in about 60 words

Answer 1

business man has its own profession he or she make business by his own.and profession a person got from anybody else a person work under anybody else.and in business person has everything of his or her.

Answer 2

The points of difference between business and profession are given below.

1. Difference in Educational Qualifications

The professional should have the specified academic qualifications to practice the profession, whereas the businessman is not expected to have such specified academic qualifications.

2. Difference in Expert in the Field

The businessman need not have expertise knowledge in his field of business. On the other hand, the professional must be an expert in his profession.

3. Difference in Personal Attention

The businessman can appoint anybody to manage the affairs of his business. The professional, on the other hand, has to perform the duties personally.

4. Difference in Name of the Reward

The reward for business is known as profit. The reward for profession is called as fee.

5. Difference in Code of Conduct and Ethics

There is no rigorous code of conduct and ethics to be followed by a businessman. The professional, on the other hand is expected to follow code of conduct and ethics.

6. Difference in Governing Body

Any body or association does not govern the businessman. He may or may not be a member of any trade association. On the other hand, the association to which he belongs governs the professional.

7. Difference in Motive

The primary motive of a businessman is profit. The basic motive of a professional is service, and profit is only secondary.

8. Difference in Advertisement

The businessman can advertise his business to attract more and more customers towards his business. A professional, on the other hand, cannot advertise except displaying a name board in front of his office.