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Question

Every business undertaking is engaged in the production and/ or distribution of ________ in exchange of money.

A
Goods
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B
Services
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C
Money
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D
Goods or services
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Solution

The correct option is D Goods or services
Every business undertaking is engaged in the production and/ or distribution of goods or services in exchange of money. The essential characteristic of business undertaking involves the production or distribution of goods and services in order to satisfy human wants and needs in exchange of money or profit.

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