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How do you define an enterprise?

Updated: 9/16/2023
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Job3622

Lvl 1
14y ago

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The word 'enterprise' can mean one of the following:
1) a project or undertaking requiring time, attention, or energy, and sometimes courage
2) initiative, energy, or courage in undertaking projects
3) organized, risky activity involving land, labor, and capital to achieve economic gain
4) such activity that is conducted with little or no government regulation, as part of the capitalist economic system practiced in the United States
5) any association of people managing land, labor, and capital in order to yield profit; a business organization; a company

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