Understanding Enterprise

What does the word "enterprise" mean?

• A type of business or company

• A type of vehicle

• A type of food

• A type of clothing

What is an example of an enterprise?

• A small local bakery

• A multinational corporation

• A freelance graphic designer

• A non-profit organization

What is the main goal of an enterprise?

• To maximize profits

• To expand market share

• To innovate products

• To ensure customer satisfaction

How is an enterprise different from a small business?

• An enterprise typically has more employees and resources than a small business.

• An enterprise usually has fewer employees and resources than a small business.

• An enterprise and a small business have the same number of employees and resources.

• An enterprise is a type of small business.

The role of an entrepreneur in an enterprise is to:

• manage day-to-day operations

• provide capital and resources

• innovate and take risks

• handle customer service

What do you think are the key features of a successful enterprise?

• Strong leadership and clear vision

• High employee turnover

• Lack of innovation

• Poor customer service

Can an enterprise be a non-profit organization?

• Yes, an enterprise can be a non-profit organization.

• No, an enterprise cannot be a non-profit organization.

Taking risks in an enterprise means:

• Avoiding all potential failures

• Embracing uncertainty to achieve potential rewards

• Ensuring guaranteed success

• Following a strict no-risk policy

Enterprises are important for the economy because they:

• create jobs and drive innovation

• increase unemployment

• decrease economic growth

• reduce market competition

How can technology help an enterprise grow?

• By increasing operational efficiency

• By reducing costs

• By improving customer engagement

• All of the above