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What do you understand by business

Answer» \xa0Business:\xa0Refers to Purchase, production and/ or sale of goods & services with the objective of earning profit.\tBasisBusinessMode of establishmentStarts after completing some legal formalities if needed.Nature of workProvision of goods \xa0and service to the public.QualificationNo minimum qualification is necessary.Capital investmentCapital needed according to its size and capacity.Reward/ ReturnsProfitsRiskHigh RiskCode of ConductNo code of conduct\t


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