Question

1. meaning of Businesss
2 .features of Businesss

Answer 1

Answer:

Business means being busy. Business is the economic activity where production and sales of goods and services is undertaken the motive of earning profit by satisfy human needs of the society.

there are 7 features of business.

(1) An economic activity

(2) production of procurement of goods and services

(3)Sale or exchange of goods and services.

(4) Dealings in goods and services on a regular basis.

(5) Profit earning

(6) uncertainty of return

(7) element of risk

Answer 2

Answer:

meaning of Businesss... - buying and selling as a way of earning money; commerce

Explanation:

features of Businesss- Buying and Selling: ...

Continuous process: ...

Profit Motive: ...

Risk and Uncertainties: ...

Creative and Dynamic: ...

Customer satisfaction: ...

Social Activity: