What are the common features 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: ...
Continuous process: ...
Profit Motive: ...
Risk and Uncertainties: ...
Creative and Dynamic: ...
Customer satisfaction: ...
Social Activity:
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It is clear that every business operates to earn profit. Business has many goals but profit making is the primary goal of every business
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