Question

characteristic of business
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Answer 1

Explanation:

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.

Answer 2

characteristics of business :-

economic activity

production and procurement of goods and services

sale or exchange of goods and services for value

profit earning

uncertainty of returns

elements of risk

Hope this helps!!