what is business?????
Answers
Answer:
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Explanation:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
OR
The definition of business is an occupation or trade and the purchase and sale of products or services to make a profit. An example of business is farming. An example of business is a house sale.
1)Business is an economic activity in which producer produce things and sells is to the customer
2)The main aim of business activity is for profit . Profit is made by selling and producing things
3)Business activity does not require any type of contract. any person can start his own business.
4)Consumer satisfaction is main in business. The producers sells goods to consumer according to their demand .
5)more capital is required and high risk is their in business activity.