Question

Sohan has a shop which sell s electronic toys including play stations.

He also buys second hand play stations and sells them to earn profit.

Is this a business activity? Explain any two characteristics of business​

Answer 1

Answer:

(a) Dealing in good and services.

(b) profit motive .

Explanation:

(a) Sohan is a distributor of goods and every business is in the distribution of goods .

(b) a business is not a charity the prime objective of business is to earn money .