Business Studies, asked by pandagaurav67, 3 months ago

what is mean by concept of business​

Answers

Answered by vermanushka7487
27

Answer:

A business concept is a statement that describes the reach and reason of existence of a given business idea. In other words, it sums up the crucial elements that define the business.

Answered by rishi20284
30

EXPLANATION

A business concept is the foundational idea behind a business. This is intented to provide meaningful direction for the process of developing a business plan and launching a firm.

At this stage, things will change and there is no need for a business concept to fully describe

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