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what is business Related: NCERT Solutions Ch-1 - Nature and Purpose o...
Business is 'the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs.' A business, then, is an organization which seeks to make a profit through individuals working toward common goals. The goals of the business will vary based on the type of business and the business strategy being used. Regardless of the preferred strategy, businesses must provide a service, product, or good that meets a need of society in some way.
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what is business Related: NCERT Solutions Ch-1 - Nature and Purpose o...
Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). Simply put, it is "any activity or enterprise entered into for profit
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what is business Related: NCERT Solutions Ch-1 - Nature and Purpose of Business,BST, Class 11?
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what is business Related: NCERT Solutions Ch-1 - Nature and Purpose of Business,BST, Class 11? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what is business Related: NCERT Solutions Ch-1 - Nature and Purpose of Business,BST, Class 11? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is business Related: NCERT Solutions Ch-1 - Nature and Purpose of Business,BST, Class 11?.
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