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Definition of Business. Characteristic of Business. Classification of Activities. |
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Answer» s: It is an occupation or trade and the purchase and sale of products or services to make a profit. An example of BUSINESS is farming. An example of business is a house sale.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:Hope it's helpful... ^_^ |
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