A person doing occupation get paid for what he produces, whereas a profession gets paid according to his knowledge and expertise. However, the difference between profession and occupation is sometimes unclear. Products and services are advertised to increase sales. by Hasa. : Subcategories. The results are their reward. But profession refers to an occupation that requires formal qualification or long training. Profession: The occupation in which a person renders services to others, by applying his knowledge and skills is a profession. The professionals are members of professional bodies and conduct their activities according to the standards set by those bodies. Employment and c. Business! Employment: People those who work in their offices of banks, insurance companies or government department, as managers, assistants, clerks, peons or security guards are the employees of these organizations Q2. A profession is a vocation founded upon specialized educational training, the purpose of which is to supply disinterested objective counsel and service to others, for a direct and definite compensation, wholly apart from expectation of other business gain. The term is a truncation of the term "liberal profession", which is, in turn, an Anglicization of the French term "profession libérale". Update : A profession is a vocation founded upon "specialized educational training", the purpose of which is to supply disinterested counsel and service to others, for a direct and definite compensation, wholly apart from expectation of other business gain. | Meaning, pronunciation, translations and examples A profession is sometimes described as a … Business is an economic activity concerned with the production or purchase and sale of merchandise and rendering of services with the purpose of earning profit. For example, while some people would consider certain white collar jobs to be … Globalization, a growing economy, and a complex tax and regulatory environment are expected to continue to lead to strong demand for accountants and auditors. This is the main difference between occupation and profession. This right aims at the welfare and well being of the citizens as well as the nation as a whole. A profession is an occupation which involves rendering of personal service of a specialised nature. An Occupation can simply be defined as a business, trade or profession which occupies a person’s time either permanently or temporarily in other to earn a living. Article 19 (1) (g) guarantees the freedom to practice any profession, or to carry on any occupation, trade or business. Unfortunately there are people that have a profession but work in something completely different. … Your email address will not be published. Any person can start his business; there is no minimum qualification to run a venture. Roles. Difference Between Job Title and Occupation. On the other hand, profession requires membership of the respective professional body and certificate of practice, for the establishment. A profession is an occupation or vocation which requires a high degree of knowledge and expertise in the specific field. This group positions itself as possessing special knowledge and skills in a widely recognised body of learning derived from research, education and training at a high level, and is recognised by the public as such. Your email address will not be published. Vocation is an occupation or the … St… Business definition, an occupation, profession, or trade: His business is poultry farming. Perhaps the only other Constitutions which have given them the Status of fundamental rights are those of Ireland and Switzerland. b. 2. List of metalworking occupations; List of railway industry occupations; List of sewing occupations ; Law enforcement and armed forces. are some words that are essentially bound with employment. Requires a degree or completed studies at a university (or higher education). It can be business or employment that a person undertakes to make money whereas profession is an activity that needs specialized training, knowledge, qualification, and skills. … Difference Between Creativity and Innovation, Difference Between Delegation and Decentralization, Difference Between Living and Non-Living Things, Difference Between Micro and Macro Economics, Difference Between Developed Countries and Developing Countries, Difference Between Management and Administration, Difference Between Qualitative and Quantitative Research, Difference Between Discipline and Punishment, Difference Between Hard Skills and Soft Skills, Difference Between Internal Check and Internal Audit, Difference Between Measurement and Evaluation, Difference Between Percentage and Percentile, Difference Between Journalism and Mass Communication, Difference Between Internationalization and Globalization, Difference Between Sale and Hire Purchase. A doubt was expressed in the Constituent Assembly whether these were fundamental rights at all. The professionals are respected by people and have a high status in the society as compared to the occupation. Kuldeep Singh J has defined the four expressions i.e profession, occupation, trade and business in Sodan Singh‟s1 case as follow – “ „Profession‟ means an occupation carried on by a person by virtue of his personal and specialised qualifications, training or skill. Business Studies Jss 1. Occupation vs Profession. Unlike occupation, the profession has a code of conduct. For example, a person who studied medicine and is a practicing doctor can say that his occupation is the same as his profession. • Profession is more respectable and higher earning than a mere occupation. Teaching and medical professions are considered noble occupations as they allow the practitioner to make money while helping others. Occupation refers to the regular activity performed by a person to earn his bread and butter. degree or a doctor must have passed M.B.B.S. But I would consider it an occupation- owning and operating a small business, especially if you one has done this for several years and owned other businesses as well. ADVERTISEMENTS: Thus, occupation means keeping oneself engaged or occupied in some gainful economic […] The words occupation and profession are interchangeable. Privacy, Difference Between Business and Profession, Difference Between Apprenticeship and Internship, Difference Between Economic and Non-Economic Activities. A professional job is generally one in which someone takes on the professional mannerisms and roles of a given position. In a perfect world, your profession and occupation (or job) are the same thing. There are tight restrictions as to what types of businesses can operate from a home.. Home » Business » Management » HR » Difference Between Job Title and Occupation. Occupation is a formal word for job. Job title, career, profession, occupation, etc. Thus, business is an occupation for the worker, but for the owner, it is not an occupation. 1. Business: Business is where goods and services are exchanged for one another or for money. (noun) Profession definition: A profession is a type of job that requires advanced education or training. Bachelor's degree: $71,550: Appraisers and Assessors … A businessman gets profit as a return for the work done by him/her. The service is based on professional education, knowledge, training etc. It can be restricted and regulated by authority of law. | Meaning, pronunciation, translations and examples In general, the profession is regulated by a particular or professional body statute while an occupation is not. the principal business of one's life : vocation. The primary objective of a business is to earn profit whereas profession is aimed at providing services. 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