state any two characteristices of business
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The following are the ten important characteristics of a business:
- Economic activity: Business is an economic activity of production and distribution of goods and services
- Buying and Selling
- Social Activity
- Customer satisfaction
- Profit Motive
- Continuous process
- Risk and Uncertainties
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Answer:
the characteristics of business are as f0llows-
- sale and exchange of good for human satisfaction
- dealing in goods and services on a regular basis
more points -
- an economic activity
- uncertainty of goods
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