Question

explain the nature of business​

Answer 1

Explanation:

Businesses vary in size, as measured by the number of employees or by sales volume. ... Usually, when filling out some kind of form, "nature of business" refers to the type or general category of business or commerce you are describing. For example, if you worked at McDonald's, the nature of your business is food services.

Answer 2

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Explanation:

Businesses vary in size, as measured by the number of employees or by sales volume. ... Usually, when filling out some kind of form, "nature of business" refers to the type or general category of business or commerce you are describing. For example, if you worked at McDonald's, the nature of your business is food services.

There are three major types of businesses:

There are three major types of businesses:Service Business.

• A service type of business provides intangible products (products with no physical form). ...
• Merchandising Business. ...
• Manufacturing Business. ...
• Hybrid Business. ...
• Sole Proprietorship. ...
• Partnership. ...
• Corporation. ...
• Limited Liability Company.

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