What is an enterprise?
An enterprise is a business or project started by a person or group who takes initiative and risks.
Why is enterprise important?
It creates the goods and services that people need and want.
Who runs an enterprise?
An entrepreneur is the person who runs an enterprise.
Where does enterprise operate?
It can operate anywhere, from a local community to a global market.
When does an enterprise take action?
It takes action through a set process, from planning an idea to executing it.
How does an enterprise function?
By following a step-by-step process and using resources wisely.
What is a business enterprise?
A business that exists mainly to make a profit.
Why is it established?
Its main goal is to earn money.
Who owns a business enterprise?
Its owners or shareholders.
Where are profits used?
Profits are either put back into the business to help it grow or given to the owners.
When is it successful?
When it makes good profits.
How does it differ from a social enterprise?
A business enterprise focuses on profit for its owners. A social enterprise focuses on helping society, and any profits are used for that social goal.
