Question

What is business?Explain the characteristics of business.5​

Answer 1

Answer:

Characteristics of Business – 5 Characteristics: Sale Transfer or Exchange, Dealings in Goods and Services, Regularity in Dealings, Profit Motive and Risk or Uncertainty

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Answer 2

Answer:

a person's regular occupation, profession, or trade.

"experts who typically conduct their business over the internet"

a person's regular occupation, profession, or trade.

"experts who typically conduct their business over the internet"

Dealings in Goods and Services, Profit Motive, Risk, Creation of Utilities, Economic Activity, Social Institution

Explanation:

Characteristics of Business – 10 Characteristics: Dealings in Goods and Services, Profit Motive, Risk, Creation of Utilities, Economic Activity, Social Institution and a Few Others. ... Business refers to a set of organised activities for production and exchange of goods and services with an objective to earn profit.