Features of business :-
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▶Features of business :-
1)Business is an economic activity in which producer produce things and sells is to the customer
2)The main aim of business activity is for profit . Profit is made by selling and producing things
3)Business activity does not require any type of contract. any person can start his own business.
4)Consumer satisfaction is main in business. The producers sells goods to consumer according to their demand .
5)more capital is required and high risk is their in business activity.
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Answer:
- 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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