The role of business enterprise and the purpose of business activity

Business enterprise is the process of identifying new business opportunities and then taking advantage of them. It can involve:

• thinking of a new idea 
• developing a new idea into a new business
• helping an existing business to expand by coming up with new ideas 

All business activity needs to have at least one purpose. A purpose could be to:

• Provide people with a good or a service
• Meet customer needs -…