English, asked by pavanjadhav150, 5 months ago

Explain the features of Business​

Answers

Answered by vinireddy25
1

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.

Answered by Anonymous
2

Answer:

What are the features of business?

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:

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