Enterprise
Definition
Enterprise. A functional business entity that produces and/or sells goods or services.
A business or membership organization consisting of one or more establishments under common, direct or indirect, ownership or control. An enterprise may vary in composition, ranging from a single- establishment company (for example, corporation, partnership, etc.) to a complex family of parent and subsidiary companies (or firms) under common ownership or control.[1]
An enterprise (a private firm, government, or nonprofit organization) can consist of a single establishment or multiple establishments. All establishments in an enterprise may be classified in one industry (e.g., a chain), or they may be classified in different industries (e.g., a conglomerate).
See Also
- http://www.bls.gov/opub/hom/glossary.htm#E
- http://www.businessdictionary.com/definition/establishment.html
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
