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what are the characteristics of business
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what are the characteristics of business Related: Chapter Notes - Na...
The characteristics of business are: (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, and (vii) element of risk.
Community Answer
what are the characteristics of business Related: Chapter Notes - Na...
The following are the ten important characteristics of a business:
Economic activity:
Buying and Selling:
Continuous process:
Profit Motive:
Risk and Uncertainties:
Creative and Dynamic:
Customer satisfaction:
Social Activity:
Economic activity:
Buying and Selling:
Continuous process:
Profit Motive:
Risk and Uncertainties:
Creative and Dynamic:
Customer satisfaction:
Social Activity:
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what are the characteristics of business Related: Chapter Notes - Nature and Purpose of Business?
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what are the characteristics of business Related: Chapter Notes - Nature and Purpose of Business? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what are the characteristics of business Related: Chapter Notes - Nature and Purpose of Business? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what are the characteristics of business Related: Chapter Notes - Nature and Purpose of Business?.
what are the characteristics of business Related: Chapter Notes - Nature and Purpose of Business? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what are the characteristics of business Related: Chapter Notes - Nature and Purpose of Business? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what are the characteristics of business Related: Chapter Notes - Nature and Purpose of Business?.
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