Question

Describe the characteristics of bussiness enterprises

Answer 1

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.....

°°°°Hopefully this will help u get ur answer :) °°°°°

Answer 2

Answer:

Production or Procurement of Goods and Services: Business exists to satisfy the wants of the consumers. Thus, every business enterprise either manufactures the goods (pen, textbook, furniture, etc.) or acquires them from producers, to be further sold to consumers or users.