Commercial enterprises are businesses that engage in the production and sale of goods or services for profit. They can vary in size from small local shops to large multinational corporations. The primary goal of these enterprises is to generate revenue by meeting the needs and wants of consumers in the marketplace.
These businesses can be categorized into different sectors, such as retail, manufacturing, and services. Each sector has its own unique characteristics and operational methods. Commercial enterprises play a vital role in the economy by creating jobs, driving innovation, and contributing to overall economic growth.