Question

state any two characterisitics of business ​

Answer 1

Characteristics of Business – 10 Characteristics: Dealings in Goods and Services, Profit Motive, Risk, Creation of Utilities, Economic Activity, Social Institution and a Few Others. The literal meaning of 'Business' is 'the state of being busy'.

Answer 2

Answer:

Characteristics of Business – 5 Characteristics: Sale Transfer or Exchange, Dealings in Goods and Services, Regularity in Dealings, Profit Motive and Risk or Uncertainty