1.

Business is a _________ activity. (Fill in the blank by choosing correct option)a) Socio-economic b) Service c) Profit making

Answer»

Dear Naveen,

That's the question referring to business studies.

Answer -

C) Profit making

◆ Explanation -

  • Business is basically the trade of purchase and sale of PRODUCTS or services to make a profit out of it.
  • It is profit making type of activity.
  • In here, goods & services are EXCHANGED in for money.

Hope this helps you. THANKS for asking..



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