What are different types of enterprises?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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What are different types of enterprises?

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Enterprise - 

It can also be said as for profit business. The person who is able to start a new venture or establishing a new business by taking all the risk and return which is associated with the business. The person who will form the enterprise is known as the entrepreneur. He will make the use of new ideas and innovation to start up the business which will lead to be productive for the person. The person will have a variety of choice to choose the form of business to establish the new business. 

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