Business Studies, asked by shaileshuyp, 9 months ago

15. What is business ? Explain the characteristics of business.

Answers

Answered by karthikasree754

Explanation:

Characteristics. There are three key characteristics that must be met to have a business. First, businesses must be the result of individuals working together in an organized way. Second, businesses must satisfy a societal need. Third, businesses must seek to make a profit.

Answered by carvalhovishwas7

Answer:

It is an economic activity which takes place on a regular basis with the objective of earning Livelihood/Profit/Money's worth.

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