Question

Define the term ‘Business’.

Answer 1

here is ur answer

an organisation or economic system where goods and services are exchanged for one another for money every business required some from of investment and enough customers to whom its output can be sold on the consistent basis in order to make a profit business can be privately owned not for profit or state owned ...

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Answer 2

An organization or economic system where goods and services are exchanged for one another or for money.

Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit.

Businesses can be privately owned, not-for-profit or state-owned. An example of a corporate business is PepsiCo, while a mom-and-pop catering business is a private enterprise