An Enterprise is a business unit that is established to render a service or produce goods for consumers.
TYPES OF ENTERPRISE
There are two main types of Enterprise.They are:
1. State owned Enterprise.
2. Private owned Enterprise.
1. State owned Enterprise is a type of Enterprise owned by the state or set up by the state.eg.electricity company of Ghana, Ghana water company
2. Private owned Enterprise is a type of Enterprise established by private individuals.eg tv3, Vodafone Ghana.
END OF LESSON EXERCISE
1. What is an Enterprise?2. State the two types of Enterprise and explain them with examples.
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