Question

Q. 5. Explain the concept of business.​

Answer 1

Answer:

An idea for a business that includes basic information such as the service or product, the target demographic, and a unique selling proposition that gives a company an advantage over competitors. A business concept may involve a new product or simply a novel approach to marketing or delivering an existing product...

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Answer 2

Answer:

A business is an organisation where people work together.In a business people work together to make and sell products or services .