Question

write the concept of business​

Answer 1

Answer:

What is a Business Concept?

Definition: 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.

What Does Business Concept Mean?

A concise definition of what a business concept is varies from author to author. The reason for this is that describing a business is never a formula. There are different ways to communicate what a business do and why it exists. Nevertheless, there are some key elements that must be explained by a business concept for it to be considered useful and informative. First of all, the product or service being offered must be easily understood.

Answer 2

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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.