enterprise

noun C1

Meaning

An enterprise refers to a complex and organized venture or undertaking, often associated with commercial or business activities, characterized by a systematic approach to achieving specific objectives, particularly in the context of innovation, risk manag
💡 While commonly used to denote a business, "enterprise" can also imply a broader scope, including non-profit initiatives that aim for social impact; thus, it is important to consider the context in which the term is employed to avoid conflating different types of organizations.

Example Sentences

The enterprise successfully expanded its operations into international markets .
The enterprise successfully implemented innovative strategies to enhance productivity .
The new enterprise aims to improve renewable energy solutions worldwide .

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