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Give the broad definition of business?

Updated: 9/18/2023
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11y ago

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A business is an economic system by which the owners or operators offer goods or services in exchange for their perceived monetary value.

Commonly, it is the aim of a business that through its investment in goods/services it attracts customers which will pay for it/them and in doing so create a return of profit.

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11y ago
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Q: Give the broad definition of business?
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