KwickClips Employability Skills · 44 sec · free
What does a hybrid business do?
Short answer. It sells goods and a service together.
Which type is a salon?
A service business.
Types of business
| Type | Example |
|---|---|
| Product | factory |
| Service | salon |
| Hybrid | restaurant |
Remember
| Product: goods |
| Service: help |
| Hybrid: both |
A restaurant sells food. So is it just a shop? No. There are three types. A product business makes goods. A service business helps you. A hybrid does both. Quick check. Product means goods. Service means help. Hybrid means both.
This clip is from the full lesson: Types of business activities — 5 minutes, with the tables, the quick answers and the whole lesson in text.
Useful for: CBSE Class 10 Artificial Intelligence (417)
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