explain the Chareterstics of business
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Answer:
- Business is an economic activity that involves the exchange, purchase, sale or production of goods and services with a motive to earn profits and satisfy the needs of customers.
- Businesses can be both profit or non-profit organizations that function to gain profits or achieve a social cause respectively.
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Explanation:
Business is an economic activity that involves the exchange, purchase, sale or production of goods and services with a motive to earn profits and satisfy the needs of customers. Businesses can be both profit or non-profit organizations that function to gain profits or achieve a social cause respectively.
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