ECONOMICS

Detailed explanation-1: -A school-based enterprise (SBE) is an entrepreneurial operation in a school setting that provides goods/services to meet the needs of the market. SBEs are managed and operated by students as hands-on learning laboratories that integrate National Curriculum Standards in marketing, finance, hospitality or management.

Detailed explanation-2: -Products may include spirit wear, food and beverage items, school supplies, signs and banners and more, while other SBEs provide services such as creative design, advertising sales and more.

Detailed explanation-3: -A school-based enterprise, sometimes abbreviated SBE, is a hands-on learning environment and an entrepreneurial operation located in a school setting. The purpose of a school-based enterprise is to identify, create, and sell goods or services that meet the needs of the specified market or target audience.