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What is business\xa0

Answer» Business is that kind of economic activity which is conducted on a regular basis with a view to gain profit through sale and purchase of goods and services.\xa0
Ans.\xa0A business is an organization or enterprising entity engaged in commercial, industrial or professional activities.\xa0A company transacts business activities through the production of a good, offering of a service or retailing of already manufactured products.A business can be a for-profit entity or a nonprofit organization that operates to fulfill a charitable mission.


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