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The followings are some of the differences between profession and business.
Business:
- It involves an activity relating to purchase and sale of goods with an objective of earning profit.
- It does not necessitate specialized study of knowledge.
- The primary objective of the business is maximization of profit.
- It involves huge amount of capital.
- The entire process of business involves risks.
Profession:
- It involves rendering of specialized services for a reward called a fee.
- Profession necessitates specialized study, training and knowledge.
- It involves element of service in exchange of an economic reward.
- It involves less amount of capital.
- Though risk is there in profession, it is negligible.
What else can I help you with?
What is difference between provide and supply?
in business
What is difference between business plan and policies?
there is none
What is the difference between agriculture and agribusiness?
diffrence between agriclture economic and agri business
What is the difference between entrepreneurship an entrepreneur?
The difference between entrepreneurship and an entrepreneur is Entrepreneurship is the process of managing business with expectation of profit making.
What is the difference between expansion and recovery in a business module?
blooop bloop
What is the difference between a profession and a business?
A profession is a line of work, such as the medical profession, the accounting profession, etc. A person working in a profession might have his or her own business, or might be working for another person's business. A business is a company, it is an organizational structure for some commercial or profitable purpose. For example, a store is a type of business. If you work in a store, you are in the retail sales profession.
What is the Difference between medium and higher level profession?
aaa
What is the difference between micro business and small business?
difference micro business
What is the Difference between Bachelor of Science in business admin and bachelor of business admin?
what is the difference between bachelor of science in business administration and bachelor of business administration.
What is the difference between business and applied business?
nothing
What is the difference between a trade and a profession and what type of education is needed for each?
A trade can be a hobby while a profession usually has some sort of pay
What is difference between EC and RC in Professional tax?
RC - Registration Certificate of Profession Tax - Payment of Employer profession tax EC - Enrollment Certificate of Profession Tax - payment of Employee profession tax
What is the difference between business consulting and counseling?
Business consulting is solution-driven and outcome-oriented. A consultant comes in to diagnose problems, design practical solutions, and help implement change. What consultants work on: Strategy & growth plans Cost control & profitability Process optimization Financial planning & analysis Operations, productivity, scaling On other hand business counselling is person-centric, not system-centric. It helps business owners deal with stress, burnout, fear, confusion, or emotional blocks that affect decision-making. What counselors work on: Stress & pressure handling Confidence in leadership decisions Work–life balance Emotional resilience Personal clarity during tough phases In short counselling is all about advice and support and Business Consulting is about advice + execution.
What is the difference between a self service business and a self selection business?
What is the difference between a self service and a self selection
What is the difference between cooperative and other business organization?
Check
Difference between career and profession?
a career is a field for or pursuit of consecutive progressive achievement especially in public, professional, or business life. I think a profession is the area for which you are trained and your career in the implementation of that profession.
What is the difference between occupation and business?
Business is a narrower term. Occupation includes business, profession, service and all other activities that are directed towards satisfying financial and other psychological needs of human beings. Business is Profit oriented. All occupations may not necessarily be profit oriented. For Example, Social Service is an occupation, but not a business.
