Explain Briefly any 4 Characterics of Business?
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Answer:
Some of the characteristics of business are as follows:-
1. Sale, Transfer or Exchange
2. Dealings in Goods and Services
3. Regular Dealings
4. Profit Motive
5. Risk
6. Creation of Utilities
7. Economic Activity
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Explanation:
1: Sale, transfer or exchange
2: Dealing in goods services
3: Regular dealing
4: Satisfaction of consumers
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