Question

what is business define and its features​

Answer 1

Answer:

business is the process of buying articles in whole sale in cheaper costs and prices and selling it higher elsewhere to get profit for private or public benefit.

not only that, there are many other kinds of business, like offering money to people in order to get higher cash,etc. there are equal amount of chances for a buisness to be profit-less or worse, loss

Answer 2

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▶Features of business :-

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 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.