Question
Difference between Business and profession
| Points | Business | Profession |
| $1.$ meaning | Any economic activity done with objective of profit is business. | Profession means to get money for the services offered through special knowledge and skill. |
| $2.$ Objective | Profit is the objective of business. | Service is the objective of profession. |
| $3.$ Activity | Trading, production,Supporting activities are included in business | Special knowledge, skill, through which problems are solved etc. services are included in profession. |
| $4.$ Study | For business special study of degree is not required. | Profession requires degree of the concerned area. |
| $5.$ Rules and Regulations | Rules and regulation of business are determined on the basic of the tradition of market. | Rules and regulatio0ns of profession are prescribed by its associations. |
| $6.$ purchase – sale | In business purchase – sale activity is performed. | In profession no activity of purchase sale is performed. |
| $7.$ Example | Wholesalers, retailers, persons running factory, from, blacksmith, tailor, carpenter etc. are included in business class people. | Lawyers, Doctor, chartered Accountanty Musician, private, tuition, giving teachers, Engineers etc. are professions. |
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.