Question

Discuss any three features of business.​

Answer 1

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• any person can start his own business. Consumer satisfaction is main in business.

• The producers sells goods to consumer according to their demand.

• More capital is required and high risk is their in business activity.

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Answer 2

Answer:

1) economic activity : business is an economic activity of production and distribution of goods.

2) profit motive.

3) risk and uncertainties

4) creative and dynic.

5) customer satisfaction