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Q: What term is defined as an enterprise that produces goods or services usually to make a profit?
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What does entrepreneur mean?

An entrepreneur is a person who organizes and manages any enterprise, especially at business, usually with considerable initiative and risk.


What is the definition of an enterprise zone?

An enterprise zone is usually an impoverished area that is given incentives such as tax breaks to help bring in new business and jobs. Detroit should qualify.


What is the difference between enterprise and industry?

An enterprise refers to a business venture that may have not been formally formed. It is usually managed by the family members. An industry refers to a business venture that was formally constituted.


Which of these terms is defined as a decline in economic activity that usually lasts six months or longer?

recession


How is 'work' defined in economics and sociology?

In economics and sociology, work is defined as human activity that is necessary or compulsory for survival which produces and sells goods or provides services. There is always some form of monetary or financial compensation in return for work. In general, work is defined as any physical or mental activity directed toward a particular goal. In economics, the goal is earning money that will ensure one's survival. Therefore work is primarily an economic activity. It is also primarily a necessary or compulsory activity. We need to work whether we want to or not. If we do not work, we will be poor, unhappy, unhealthy, and probably even die, most likely from starvation due to lack of food. However, not all human activity is economic in nature nor is necessary for survival. Humans engage in certain activities not because they are necessary nor bring in a financial return but because they are by their very nature pleasurable or fulfill a certain desire that elevates the human spirit. Non-economic activities include attending religious services, studying at school or university, doing household chores, watching television, exercise, and playing games and sports with the exception of professional sports.

Related questions

What does co op mean in sales and marketing?

co-op - a jointly owned commercial enterprise (usually organized by farmers or consumers) that produces and distributes goods and services and is run for the benefit of its ownersA cooperative


What is enterprise in business?

enterprise usually refers to the process by which new businesses are formed and the new products and services created are brought to the market. enterprises are usually led by entrepreneurs. this is what we learnt in business class hope it helps


What is business enterprise?

enterprise usually refers to the process by which new businesses are formed and the new products and services created are brought to the market. enterprises are usually led by entrepreneurs. this is what we learnt in business class hope it helps


Do rental car companies usually pay for onstar subscription?

As far as I am aware, no. I work for Enterprise and I have not heard of Enterprise, National, or Alamo having active OnStar in their vehicles. Enterprise does, however, include roadside assistance in their rental services.


What is cottage enterprise?

Cottage Enterprise-is usually a home-based business in which family members pitch in.


How may eggs a chicken produces?

usually 1 or 0 a day on average but usually it produces one


How is 'work' defined in economics?

Work is any regular, usually compulsory activity that humans engage in for economic gain. It is mostly engaged in to provide for basic needs but may also be engaged in to satisfy any wants.


What is the definition of enterprise?

The definition for enterprise is 1) a projector or undertaking - usually one that is difficult or requires effort 2) initiative and resourcefulness


Why heating enzymes usually produces a faster rate of reaction?

Why heating enzymes usually produces a faster rate of reaction?


What does the concept of enterprise refer to?

Enterprise has a few different meanings. It usually means a business of some sort. In that term it means a business organization. Of course, there is also a car company with the name Enterprise.


What does entrepreneur mean?

An entrepreneur is a person who organizes and manages any enterprise, especially at business, usually with considerable initiative and risk.


What is the difference between an organisation and enterprise?

An organization is basically any collection of people, whether for profit or non profit. An enterprise is usually a business, for profit organization.