Question 15 of 17
Q.Write a short note on: Profession
Andhra Pradesh BieapBIEAP AP Intermediate (1st Year) Commerce Board 2023Subjective· 2mImportance★★★★★est
88% · 15/17 Questions
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Start your 14-day free trial to unlock the full solution →A profession is an occupation that requires specialised education, training and skill, is carried on under a prescribed code of conduct (often laid down by a professional body), and earns the professional a fee for the services rendered.
Profession
A profession refers to an economic activity that involves rendering of specialised, expert personal services based on specialised knowledge, education and training. A person who practises a profession is called a professional, e.g. a doctor, lawyer, chartered accountant, engineer or teacher. Important points:
- It requires specialised knowledge and formal qualifications.
- Entry usually needs membership of a professional body (e.g. the Medical Council, the Institute of Chartered Accountants of India) and compliance with its code of conduct.
- The reward is a professional fee, not profit.
- The main aim is to render service with expertise, rather than to deal in goods. …
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