Business Studies, asked by avinayak029, 4 months ago

explain briefly the nature/characteristics of business

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Answered by ITZProGaurav2

1

Answer:

Characteristics of Business – 10 Characteristics: Dealings in Goods and Services, Profit Motive, Risk, Creation of Utilities, Economic Activity, Social Institution and a Few Others. ... Business refers to a set of organised activities for production and exchange of goods and services with an objective to earn profit.

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