Enterprise

enterprise is defined as any identified idea that is translated in to a planned and satisfactorily implemented  action. or enterprise can be defined as any business venture or undertaking from which profit is earned.






 


              REASON WHY ENTERPRISES ARE ESTABLISHED.


 1. to satisfy the needs and interest of people in a community.


 2.to; provide product and services.


 3. to provide rewards to those who established it.

 4.to provide jobs to teeming unemployed population. 


 RELATIONSHIP BETWEEN ENTERPRISES AND COMMUNITY

 The community provides some certain things to the enterprise like
 1.land
 2.labor force
 3.enabling environment .

TYPES OF ENTERPRISES

 1.business enterprises
 
 2.non  business enterprises

BUSINESS ENTERPRISES

Is an enterprise set up to provide product,services and to make profits.

NON BUSINESS ENTERPRISE

Is an enterprise set up to provide product,services and not necessarily to make profit.


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