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What is the explanation for the main characteristics of business?
The main characteristic of a business is to provide consumers needs and wants.
What must business provide to consumers in order to satisfy their wants and needs?
goods and services
What is the differences between public wants and private wants in business?
The main difference between public wants and private wants in business is the key words private and public. Private is personal clientele and their personal needs such as jets, hotels, and restaurants. Public wants are governments costs, marketing, and such.
Why it is important to try to balance the needs of all those involved?
It is important to balance the needs of all people in order to maintain healthy relationships with business partners. If one business partner is placed at a disadvantage, they will likely not do business with you anymore.
Benefits to society of business activity?
The society benefits from the business activities as people fulfill their needs and wants that are produced by the business organisations/factories and unemployed people find jobs.
What are some important tips when starting a micro business?
Determine your target market and identify its wants and needs, then create products and services to fulfill them.
What is meant by a business being consumer le?
The business provides what the consumer wants or needs.
What is the explanation for the main characteristics of business?
The main characteristic of a business is to provide consumers needs and wants.
What do businesses do to satisfy peoples needs and wants?
Business seeks to satisfy the needs and wants of customers. Needs are things that we all need to survive: water Food shelter warmth Wants are everything else: A luxury Boat A New Car Air Travel Pets An expensive Watch Business does this by creating goods for sale - and providing them in a place where customers can buy them. Business also satisfies a customers needs by providing services such as hairdressers or cleaners.
What are the impacts of needs and wants in your communities?
Needs and wants within a community will determine what people advocate for. Many families find it important to protect their children.
What must business provide to consumers in order to satisfy their wants and needs?
goods and services
Why law is important in all aspects of business law?
business needs to be conducted lawfully
What are the main barriers to identifying the needs of clients?
To identify the needs of clients, you have to have to know your clients wants and needs. It is important to have communication with the client. It is also important to coordinate the care needed.
What are the main barriers to identify the needs of clients?
To identify the needs of clients, you have to have to know your clients wants and needs. It is important to have communication with the client. It is also important to coordinate the care needed.
What is the differences between public wants and private wants in business?
The main difference between public wants and private wants in business is the key words private and public. Private is personal clientele and their personal needs such as jets, hotels, and restaurants. Public wants are governments costs, marketing, and such.
Why is ice cream important to the us?
Because US needs and wants the cold
Why it is important to try to balance the needs of all those involved?
It is important to balance the needs of all people in order to maintain healthy relationships with business partners. If one business partner is placed at a disadvantage, they will likely not do business with you anymore.
