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business enterprise:

. . . for profit organization engaged in enterprising activities activities . . . undertakings, dealings in the commercial, industrial, and professional sectors of an economy, e.g., situations where trade occurs or where money changes hands (source of quote). As operating entities within the business world business enterprises are everywhere. They are companies on the move engaged in enterprise development and established small businesses going nowhere, but essential to thriving local economies.

Business enterprises are international corporations as well as nanocorps. They are created by entrepreneurs, investors and venture capitalists. They may be innovations spawned from business incubators to become fast-growing companies sought after as prospects by locations seeking enterprise and economic development opportunities.

All businesses are enterprises but not all enterprises are businesses. A government operation, for example, may be considered an enterprise because employees have jobs but the conditions within the work environment are different from those in the business world. Government enterprises don't make profits; rather, they extract their funds for paying employees and operating from the earning of outsiders—taxpayers, for example.

Answers.com has an article that lists five facets of the business environment. in answer to the question: What makes up the environment of a business enterprise?



 
 
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Economic Development Services, Inc. -- copyrights and all rights reserved / 09/17/2013