define business and what are its characteristics
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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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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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