Question

what is the proper concept of business

answer it correctly​

Answer 1

An idea for a business that includes basic information such as the service or product, the target demographic, and a unique selling proposition that gives a company an advantage over competitors. A business concept may involve a new product or simply a novel approach to marketing or delivering an existing product. Once a concept is developed, it is incorporated into a business plan.

Answer 2

explanation:-business is a wide term.it includes all occupations in which people are busy in earning income either by production or purchase and sale or exchange if goods and services to satisfy the needs of other people with the main objective of earning point

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