Question

When doctor runs his own clinic his activity is known as business

Answer 1

Explanation:

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Answer 2

The given statement is true.

• When doctor runs his own clinic, his activity is known as business.
• His activity is known as business because he is performing the task of treating patients regularly and he is running his clinic in order to earn profit.
• A company or entrepreneurial entity that engages in business, industrial, or professional activity is referred to as a business. Both for-profit and nonprofit organizations can operate as businesses. Limited liability firms, corporations, partnerships, and sole proprietorships are all examples of different business structures.
• A business is an entrepreneurial organization or institution that engages in commercial activity. They may be industrial, commercial, or other types.
• Business, which refers to doing things, is derived from the term busy. It consistently operates.
• The nature of business states that a company's goal is to address the demands of clients in the market by offering services and products. It alludes to the industry in which the business operates and to the broad characteristics of the business.

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