Question

What is the function of enterprise in the production process

Answer 1

Answer:

Enterprise is the factor of production that organises the other factors of production into a production unit to produce a good/service. It undertakes all the inherent risks in the hope of making a profit. Economic Rent: Any earnings of a factor above its supply price/transfer earnings.

Explanation:

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Answer 2

Answer:

The most important function of an Enterprise Application is to have coordination between all the different kind of systems in an organization to integrate and make them work together.

Explanation:

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