Define the term Enterprise.
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What is an Enterprise? Enterprise is another word for a for-profit business or company, but it is most often associated with entrepreneurial ventures. People who have entrepreneurial success are often referred to as “enterprising.” There are many forms of legal enterprises, with the most common in the U.S.
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When a person or a group of persons are engaged in the production or distribution of goods or services which are meant mainly for the purpose of sale, it is called an enterprise.
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