Answer:
Business is an economic activity that involves the exchange, purchase, sale, or production of goods and services with a motive to earn profits and satisfy the needs of customers.
Step-by-step explanation:
Businesses can be profit or non-profit organizations that function to gain profits or achieve a social cause.
Characteristics:
Economic activity: Business is an economic activity of producing and distributing goods and services.
Buying and Selling.
Profit Motive
Customer satisfaction
Creative and Dynamic