KwickClips Employability Skills · 41 sec · free
Is a tea seller an entrepreneur?
Short answer. Yes, the owner takes the risk.
Which type is a restaurant?
Hybrid: goods and service.
Types of business
| Type | Example |
|---|---|
| Product | pickles |
| Service | tuition |
| Hybrid | restaurant |
Remember
| Entrepreneur takes the risk |
| Product, service or hybrid |
Is a tea seller an entrepreneur? Yes. Three types. Product sells goods, like pickles. Service sells help, like tuition. Hybrid does both, like a restaurant. Remember. The owner takes the risk. Three business types.
This clip is from the full lesson: Employability Skills I: Entrepreneurial Skills-I — 5 minutes, with the tables, the quick answers and the whole lesson in text.
Useful for: CBSE Class 9 Information Technology (402), CBSE Class 9 Artificial Intelligence (417)
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