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Statistical Terms

Enterprise

Definition
  • A smallest legal/institutional unit that produces goods and services which has an autonomy in respect of allocating resources for the production of goods and services. It is a unit at which all information relating to revenue/expenditure transactions, including financial and balance-sheet accounts, is maintained independently.
Commentary
  • An enterprise is comprised of one or several establishments such as a head office, regional offices, local branches, factories, sales offices, etc.
Source KOSTAT (Business Activities Survey)
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