Business Studies, asked by tmkoc1697, 6 months ago

What are the various features of business?

Answers

Answered by Anonymous
3

Answer:

Business is not a single time activity. It is a continuous process of production and distribution of goods and services. A single transaction of trade cannot be termed as a business. A business should be conducted regularly in order to grow and gain regular returns.

Explanation:

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Answered by LEGEND778
0

Answer:

  • Exchange of Goods & Services: Business deals with goods and services.
  • Production or Exchange
  • Perpetuity in Dealings
  • Profit Motive
  • Usage of Resources
  • The element of Risk

Explanation:

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