Explen the four karacsteristik of buisness
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Explanation:
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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Answer:
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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