Elements of an Enterprise: Difference between revisions
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*Business development - refers more to the development of opportunities for an existing business [https://personalmba.com/5-parts-of-every-business/]. OSE talks more about business creation via [[Distributive Enterprise]] | *Business development - refers more to the development of opportunities for an existing business [https://personalmba.com/5-parts-of-every-business/]. OSE talks more about business creation via [[Distributive Enterprise]] | ||
*An enterprise is an entity that takes on risk via inventiveness. A business is not as ambitious - it is established. [https://www.differencebetween.com/difference-between-enterprise-and-vs-business/#:~:text=An%20enterprise%20is%20usually%20a,taking%20ability%20of%20the%20entrepreneur.&text=Enterprise%20connotes%20something%20bigger%20and%20far%2Dreaching%20than%20a%20simple%20occupation.&text=Business%20is%20also%20a%20type,owner%20is%20his%20own%20boss.] | *An enterprise is an entity that takes on risk via inventiveness. A business is not as ambitious - it is established. [https://www.differencebetween.com/difference-between-enterprise-and-vs-business/#:~:text=An%20enterprise%20is%20usually%20a,taking%20ability%20of%20the%20entrepreneur.&text=Enterprise%20connotes%20something%20bigger%20and%20far%2Dreaching%20than%20a%20simple%20occupation.&text=Business%20is%20also%20a%20type,owner%20is%20his%20own%20boss.] | ||
*Enterprise is organized for meeting a need, business is organized to make profit. Also, enterprise is a broad term for 'undertaking' - whereas a business is a specific undertaking for making money. [https://www.quora.com/Whats-the-difference-between-a-business-and-an-enterprise] | |||
Revision as of 11:07, 26 August 2021
- 5 parts of every business - [1]
- Business development - refers more to the development of opportunities for an existing business [2]. OSE talks more about business creation via Distributive Enterprise
- An enterprise is an entity that takes on risk via inventiveness. A business is not as ambitious - it is established. [3]
- Enterprise is organized for meeting a need, business is organized to make profit. Also, enterprise is a broad term for 'undertaking' - whereas a business is a specific undertaking for making money. [4]