explain any 5 characteristics of business
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3
Answer:
Characteristics of Business – 5 Characteristics: Sale Transfer or Exchange, Dealings in Goods and Services, Regularity in Dealings, Profit Motive and Risk or Uncertainty
Explanation:
The following are the ten important characteristics of a business:
Economic activity: Business is an economic activity of production and distribution of goods and services.
Buying and Selling:
Continuous process:
Profit Motive:
Risk and Uncertainties:
Creative and Dynamic:
Customer satisfaction:
Social Activity:
Answered by
4
Answer:
Characteristics of Business – 5 Characteristics:
- Sale Transfer or Exchange.
- Dealings in Goods and Services.
- Regularity in Dealings.
- Profit Motive.
- Risk or Uncertainty.
Explanation:
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