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Nature And Purpose Of Business

Question

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What is the reward for bearing business risk?

Solution

Profit

Some More Questions From Nature and Purpose of Business Chapter

Write any three features of profession.

Explain the concept of business.

Define the term 'industry'.

Define 'Commerce'.

Define trade.

Define internal trade.

Define External Trade.

Define risk.

Name the functions of business.

How is business an economic activity?

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