Hari’s hair-salon, where he cuts hair for women and men. (a) product business(b)service business (c) hybrid business(d) None
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business(b)service business
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The correct option is (b) service business.
Hari’s hair salon, where he cuts hair for women and men is known as b)service business.
- Here, Hari, the owner of the hair salon business offers his service of cutting the hair of people.
- Therefore, he is not offering any product which people can buy in exchange for money.
- Hence, his business will be a service business.
- Because the product here is itself his service of cutting hair.
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