Purpose Of Business Activity




In our daily lives, business activity holds immense importance, as it is the process of providing goods and services to people. In a manner, our lives are based on business activities.In a business activity, both private and public enterprises are set up. Usually, private enterprises set up to gain profit, yet public enterprises are set up to provide goods and services to public consumers.
Business activity is based on the economic system, hence it also fulfills the purpose of economic development.

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