What are Business Features?

Following are the main business features:- 

1. Creation of Value 
Main feature of business that it creates the value. Value means anything which increases the quality of existing product. For example, a retailer buys the goods at large quantity. He converts his large quantity in small packs. Now, small consumer can buy it. Retailer is businessman. He increases the value of his product by his efforts and makes useful for his small consumers. 
2. Selling of Idea 
It is the second feature of business that businessman sells the idea.For example, all are selling same books but some businessmen are ideal because they have idea to sell best book to the buyer who needs it. They bring the idea about how to sell the books. For example, educational community wants to read educational books. Businessman will send the offer to buy new and updated educational books. They make a separate set for separate community 
3. Practice of Business 
Like any other practice, business is also based on practice. A businessman opens his shop daily till his death. He learns everyday, how to do business. One day, he becomes perfect in his business. 

4. Taking of Risk
It is the one of important feature of business that businessman always takes the risk. He buys the goods. To buy the goods is the main risk because before selling it may be useless. It may be under the fire. Any mishappening can happen with his bought goods. He does not fear from taking any business. He follows the more risk and more profit principle. 
5. Aim of Earning Profit 
It is the feature of business that businessman always wants to earn profit. For earning profit, he works hard. For buying goods, he can go anywhere. He does his best for selling goods to customer. He develops his skill of better salesman. 
Name

"FTDR Act 1992",1,advertising,2,business,29,business environment,43,Business Ethics,1,business glossary,2,business ideas,1,Business Scams,1,Business Test Online,1,Business Tips,1,buyer behavior,3,central bank,1,commerce,11,company,5,company law,2,competition act 2002,2,construction,1,cost,1,credit control,1,debt,1,development bank,2,DOT,1,economic policy,6,education,1,fema 2000,2,fiscal policy,3,govt.,1,hotel,1,how to,6,Human Resource Management,1,india,1,industrial policy,1,inspiration,1,ISO,1,IT Act 2000,2,legal policy,5,loan,1,marketing,9,marketing management,26,mba,7,mba + bank,2,mba first semester,10,mba first semster,2,mis,5,monetary policy,2,mrtp 1969,2,national security,1,NGO,1,presentation,1,price,1,product,1,public relation,1,sales promotion,4,Social Environment,3,structure,1,teasure,1,technology,4,wi-fi,1,
ltr
item
Business Education: What are Business Features?
What are Business Features?
Business Education
http://business.svtuition.org/2013/12/what-are-business-features.html
http://business.svtuition.org/
http://business.svtuition.org/
http://business.svtuition.org/2013/12/what-are-business-features.html
true
7226108229274062371
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy