Question

What is business environment explain its features?

Answer 1

business environment is the environment of society . it is a base for increase the number of industrial com. it give a right to industry to make a good governance that give the benefits to all stakeholders of the com. many companies are developing by got finance from financial institutions. that many companies a re e developing and take a place in globalisation . business environment is that which give the all aspects in the favour of environment and all decisions a r e take in the taking in consideration business environment .

Answer 2

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Business environment is the environment of society . it is a base for increase the number of industrial com. it give a right to industry to make a good governance that give the benefits to all stakeholders of the com. many companies are developing by got finance from financial institutions. that many companies a re e developing and take a place in globalisation . business environment is that which give the all aspects in the favour of environment and all decisions a r e take in the taking in consideration business environment .

▶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.