Seema after completing her MBA realised that her family needs extra income as her
father was about to retire. So she decided to set up a garment manufacturing unit. She
received order for 500 shirts. Seema started purchasing raw materials from local suppliers to
complete the order of shirts. As she completed the order on time the other purchasers also
started giving orders to Seema on regular basis. Her hard work & sincerity resulted in huge
profits & led to the growth of the business. After two years there were communal riots in her
city due to which her profits were adversely affected. The availability of labour became a
problem and Seema started suffering loss. After analysing the situation for few months she
decided to shut down the business.
Identify and explain any three characteristics of business highlighted above and quote the
relevant lines
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