Question

what are the characteristics of business ??​

Answer 1

Business is an economic activity of production and distribution of goods and services. It provides employment opportunities in different sectors like banking, insurance, transport, industries, trade etc. it is an economic activity corned with creation of utilities for the satisfaction of human wants.



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Answer 2

Answer:

Concept and Characteristics of Business

Suggested Videos. Classification of business. ...

Economic Activity. Business necessarily has to be an economic activity. ...

Production or Trading of Good or Services for Sale. ...

Sale or Exchange of Goods and Services. ...

Regularity in Dealings. ...

Profit Earning. ...

Risk Factor. ...

Uncertainty of Returns.