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A company could describe its business by communicating the industry by which it operates. For instance, the real estate enterprise , promoting enterprise or mattress production enterprise are industries by which a enterprise can exist. Because the time period enterpriseâ€ might be interchanged with day-to-day operations as well as the overall formation of a company, the time period is usually used to indicate transactions relating to an underlying product or service. For instance, Exxon Mobil transacts enterprise in providing oil.