Meaning OF Enterprise
Wider context: an idea that is translated into a planned and implemented activity.
Narrower Context: business venture or undertaking that brings profit in it’s wider senses; an enterprise is any identified idea that is translated into a planned and satisfactorily implemented activity. It refers to a business venture or undertaking. Practically all projects and undertaking can be referred to as enterprise if the following steps are followed.
- Idea identification
- Successful completion of an activity
- Accepting the reward