Saturday, 2 January 2016

Characteristic of Business

Business has some or these entire characteristic:
1.  Exchange sale or transfer of goods and services: For every business there must be exchange of goods and services for money. MTN /Bakery/Artist/Provision seller.
2. Profit Motive: For every business activities undertaken, it is for profit making motive. However, profitable organizations and some Corporations are established to provide services.
3. Dealing in goods and services: For every organization that is business oriented, it must produce goods and services.
4. Continuity and Regularity: A business undertaken must always be in business and not on and off.


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