Business Studies, asked by afreen457, 19 days ago

State any four features of profession​

Answers

Answered by answertjis
0
Great responsibility. ...
Accountability. ...
Based on specialized, theoretical knowledge. ...
Institutional preparation. ...
Autonomy. ...
Clients rather than customers. ...
Direct working relationships.
Answered by lizze1729
6

Answer:

The features of Profession:

1) Qualifications: Professionals must hold certain minimum qualifications or skills/talents. One cannot practise profession unless minimum qualification, knowledge and formal training are acquired.

2) Financial Returns: Professionals render services in consideration of certain monetary remuneration called fees, e.g., a doctor charges fees after giving medical treatment to a sick person. The amount of fees varies according to the type or nature of services rendered. Professional if employed in the organisation, gets salary. eg. A working Chartered Accountant in a company gets a monthly salary.

3) Capital: If a professional practises independently, he needs capital for setting up and establishing his practice. If a professional works under someone else, he requires no capital to practise his profession

4) Non-transferability: Profession cannot be transferred to any other person at the will of a professional. This is because profession requires prescribed qualification, training and skill, e.g. a lawyer cannot transfer his legal profession to his son or daughter who has not acquired the required qualification, training and skill.

5) Registration: A professions has to registration under the respective body or association eg. A Lawyer has to register himself with a council of India

6) Decision making: Professional can take his own decision as he is the owner

7) Nature of work: Professional offers expert services in exchange of fees. An architect designs the layout of office for fees

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