Business Studies, asked by siddhantban3465, 10 months ago

Describe the characteristics of business.

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Answered by hasnainraza1011h
2

Answer:

Answer:A business is the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. There are three key characteristics that must be met to have a business: ... Second, businesses must satisfy a societal need. Third, businesses must seek to make a profit.

Answered by Anonymous
0

Answer:

A business is the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. There are three key characteristics that must be met to have a business: ... Second, businesses must satisfy a societal need. Third, businesses must seek to make a profit.

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