MANAGEMENT

BUISENESS MANAGEMENT

INVENTORY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The School Based Enterprise (SBE) is a business that sells goods to the final consumer for their personal use. This makes your SBE a:
A
Wholesaler
B
Retailer
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A school-based enterprise is a simulated or actual business usually conducted on the school site as component of a CTE course. Students create and operate an economically viable venture that replicates a specific business or industry and generates revenue for the CTSO or school.

Detailed explanation-2: -SBEs can sell to consumers through a permanent location, a mobile kiosk or through Internet marketing. 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.

Detailed explanation-4: -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.

There is 1 question to complete.