Business Studies, asked by rioakash, 1 year ago

what is business exlpain the characteristics of business

Answers

Answered by darkspirit
1
business is also called by the name tradesman just to make it simpler...
well actually it refers to the launching of new products in markets according to nowadays...
the characteristics of business is :
>the higher quality and a cheap rate for people can extend your business in large amount.
> the more the branches of your company in business , the more convenient it will be for the people...

hope it helps

rioakash: thanku soo much bro
darkspirit: welcome bro that's why i am here
rioakash: can I ask u one thing
darkspirit: anything bro
rioakash: yaa bro thanks for answering my question but i want big answer about it can u
darkspirit: ummm sorry if it was not convenient..,
rioakash: ok no problem thank u soo much
Answered by Mustela
2

Answer:

Business is an economic activity that generates income and channelizes goods and services in the market.

Characteristics of a business -

• Dynamic - Business said to be dynamic due to the change in trend in the current market.

• Economical - This is an economical procedure that involves money utilization and generation.

• Two-way process - Here, the involvement of parties like a customer- a producer, employees- employers, etc.

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