12/30/2023 0 Comments What is occupation meaning![]() To define occupational structure more simply, the different demographic sections of a country who are employed in different sectors like agriculture, manufacturing and transport, among many others constitute the occupational structure of a nation.ĭifferent nations have varied percentages of the population working in various sectors. ![]() Mining, manufacturing, trading, transporting, storing, banking, and insurance are examples of business activities.The occupational structure of any country is defined by the segment of a country’s population that is engaged in economic ventures and various professions. It is carried out on a regular basis with the prime objective of making profit. (c) Business:īusiness refers to an occupation in which goods and services are produced, sold and exchanged in return for money. The increments in pay, dearness allowance and other allowances are also payable on the basis of the terms and conditions of employment. ![]() An employee gets his wage or salary at regular intervals. The remuneration payable to an employee is fixed and is paid in the form of wage or salary. The person seeking a job must join the work only after being satisfied with the terms and conditions. The employer who offers employment normally decides these conditions. In employment, there are certain terms and conditions regarding work to be performed, hours of work, amount of remuneration and other facilities, if any.
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