Business Studies, asked by priyakchauhan97226, 7 months ago

can any one tell me

The characteristics of business with defination....
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Answers

Answered by Anonymous
22

Answer:

Definition: Business is defined as an organised economic activity, wherein the exchange of goods and services takes place, for adequate consideration. ... It includes all those activities whose sole aim is to make available the desired goods and services to the society, in an effective manner.

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Answered by rahulharsh357
4

Answer:

The following are the six important characteristics of a business:

Economic activity: Business is an economic activity of production and distribution of goods and services. ...

Buying and Selling: ...

Continuous process: ...

Profit Motive: ...

Risk and Uncertainties: ...

Creative and Dynamic: ...

Customer satisfaction

Explanation:

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