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Explain briefly any three characteristics of business?

Posted by Akshat Mishra 5 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Ritesh Patel 5 years, 8 months ago

: (i) an economic activity. (ii) production or procurement of goods and services. (iii) sale or exchange of goods and services for the satisfaction of human needs. (iv) dealings in goods and services on a regular basis. (v) profit earning. (vi) uncertainty of return. (vii) element of risk.

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