what is meaning by business and write its characteristics
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Business is defined as an organised economic activity, wherein the exchange of goods and services takes place, for adequate consideration. ... It includes all those activities whose sole aim is to make available the desired goods and services to the society, in an effective manner.
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Business is defined as an organised economic activity, wherein the exchange of goods and services takes place, for adequate consideration. ... It includes all those activities whose sole aim is to make available the desired goods and services to the society, in an effective manner.
Characteristic of Business
1)Buying and Selling: ...
2)Continuous process: ...
3(Profit Motive: ...
4)Risk and Uncertainties: ...
Explanation:
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Jai Hind
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