Question

What is meant by business? Describe any two characteristics of business.​

Answer 1

Answer:

Characteristics of Business. Following are the characteristics or features of business. (1) An Economic Activity. A business is an economic activity which includes the purchase & sale of goods or rendering of services to earn the money. It is not concerned with the achievement of social and emotional objectives.

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Answer 2

Answer:

Characteristics of Business. Following are the characteristics or features of business. (1) An Economic Activity. A business is an economic activity which includes the purchase & sale of goods or rendering of services to earn the money. It is not concerned with the achievement of social and emotional objectives.

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