Education and Career Forum

what is business ?explain it's objectives,advantages and disadvantages..?

Originally Posted by Unregistered

what is business ?explain it's objectives,advantages and disadvantages..?

Hello friend,
Business refers to a set of organized activities, for production and exchange of goods or services.
The main objective of a business is to earn a profit.
Business includes risk which turns out to be its disadvantage for it and the basic advantage of business is that the income depends upon the profit which is not restricted to a limit.

Disadvantages of objectives to business organization