Business Makers

� � � Profession means an occupation which requires specialized knowledge and skills.� For example medicine law engineering and accountancy are professions.� In a profession personal services of an expert nature are rendered with a motive of service in return for fees.� Doctors advocates engineers chartered accountants are called professionals.� Professionals have heir own statutory associations.� there are also required to observe a code of conduct laid down by the professional body.� For instance the Institute of Chartered Accountants of India guides and regulates the chartered accountants in India.Employment means shirring of a person by another for remuneration.� An employee works under his direction and control of his employer and gets wages or a salary for his work.� There exists a relationship of master and servant between the two parties.� During the specified hours the employee works for his employer only and for none else.� There is an agreement of service between the employer and the employee.

The essential characteristics of a profession are as follows
Specialized knowledge and skills
For eduction and training to acquire that knowledge?
Rendering of personalized services of an expert nature to clients
Service motive
A statutory body to regulate and guide the professionals
A prescribed code of conduct for members of the statutory body.

A well known name automobile industry in India TATA motors chairman Ratan Tata said that they have good expectation in automobiles area in United Kingdom, in a likely recurrence of his significance in Land Rover and Jaguar. On the occasion of inauguration of Tata Corus plant at Netherlands.
While everyone expecting that he will not comment on the deal itself, “This process is on his path and it is practically private”. Tata motors have show interest in the ford’s Land Rover and Jaguar brands. According to expert opinion this deal will be worth more than USD 1.5 billion.
TATA motors great value in Indian automobile industry and now waving in wing by expanding and forwarding their steps toward global market. TATA earlier announced his 1 lakh car project in which they introducing a car worth Rs. 1 lakh. Let’s hope for the best as it will soon be on news.