Enterprise refers to a for-profit business company that produces services or products. It is created and operated by an entrepreneur. An enterprise is engaged in the trade of goods, services, or both to customers. It has specific resources to achieve its goal: people, capital, materials, space, and time.

What Is An Enterprise

he resources utilized are known as “inputs,” and the products generated are known as “outputs.” Some examples of an enterprise areĀ Ford, Microsoft and Walmart.