SELECT * FROM question_mgmt as q WHERE id=10960 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=2 AND subId=20 AND chapterId=209 and ex_no='3' AND status=1 ORDER BY CAST(question_no AS UNSIGNED)

Question:

Explain the characteristics of business.

Answer:

The primary characteristics of a business are:

  • Economic Activity: It involves production and distribution of goods and services for profit.
  • Production or Procurement: Businesses produce goods or procure them for resale.
  • Profit Earning: Profit is a fundamental goal for survival and growth.
  • Risk and Uncertainty: Businesses face potential losses due to unforeseen circumstances.
  • Continuous Process: Business activities are ongoing to ensure consistent income generation.
  • Customer Satisfaction: Fulfilling customer needs is crucial for success.


< Previous Question

Next Question >

SELECT ex_no,question,question_no,id,chapter FROM question_mgmt as q WHERE courseId='2' AND subId='20' AND ex_no!=0 AND status=1 and id!=10960 ORDER BY views desc, last_viewed_on desc limit 0,10

  • Popular questions of class 11 Business Studies

SELECT ex_no,question,question_no,id,chapter FROM question_mgmt as q WHERE courseId='2' AND subId='20' AND ex_no!=0 AND status=1 and id!=10960 ORDER BY last_viewed_on desc limit 0,10

  • Recently Viewed Questions of Class 11 Business Studies

Comments

  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

Comment(s) on this Question


Important links

Quick Links

Resources

Support