What do you mean by business? Explain the various types of business
activities.
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19
Answer:
Business activities include any activity engaged in the primary purpose of making a profit. This is a general term that encompasses all the economic activities carried out by a company during the course of business. Business activities, including operating, investing and financing activities, are ongoing and focused on creating value for shareholders.
Answered by
10
buying and selling as a way of earning money; commerce is termed as business .
There are three main types of business activities: operational, investing and financing. ... Each line item on the income statement and balance sheet is identified according to business activity.
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