1.

2. Differentiate Business and Employment in terms of (i) reward or return (ii) risk (iii) code of conduct.

Answer»

Business :

  • The main objective of business is to EARN a profit.

  • Business risk is the EXPOSURE a company or organization has to factors that will lower its profits or lead it to fail.

EMPLOYMENT :

  • The main objective of employment is to earn income in the form of salary by satisfying the EMPLOYER.

  • The two times that employment risk is most EVIDENT is when hiring employees.

hope it helps you mate.

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@ ANUSHA



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