Meg.T
What is the difference between "company" and " business enterprise"?
Oct 8, 2019 3:48 PM
Answers · 4
I would say that they are synonyms. The word 'business' is certainly a synonym for 'company'. And in fact 'enterprise' is a synonym for both 'business' and 'company'. People use the term as an alternative, but creating a two word noun in this case hasn't really described anything clearly different. Other examples include 'foreign imports', 'current trends', 'free gifts', etc.
October 8, 2019
An "enterprise" is any organization working to achieve economic purposes, while "company" is typically an organization engaged in an economic activity for the purpose of earning profits for the stakeholders. A "comapny" is more focused on earning profits. An "enterprise" is more focused on achieving a specific purpose. I hope this helps!
October 8, 2019
As J.Arthur's link explained, a company is a legal definition. A company has a legal status under the jurisdiction of the country in which it is incorporated. Most business enterprises would be companies, as the company structure gives the owners of the enterprise legal protection.
October 8, 2019
There is definitely a difference between the two, but it's not so easy to explain. I think this guy does a great job making it understandable: https://www.quora.com/What-is-the-difference-between-company-and-enterprise Hopper this helps
October 8, 2019
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Meg.T
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English, Italian, Japanese
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