ELI5: Explain Like I'm 5

Unitary enterprise

A unitary enterprise is like a store that sells everything. Imagine that you have a store that sells only one kind of toy, like only Barbie dolls, but a unitary enterprise would be like a store that sells Barbie dolls, Legos, hula hoops, and everything else that you can imagine.

In the same way, a unitary enterprise is a company that can do many different kinds of things. It can sell products or services, make things, or provide different types of services. It is like a big box where many different things can be done.

One of the benefits of a unitary enterprise is that it can do many things at the same time. For example, a store that only sells Barbie dolls can only make money by selling Barbie dolls. But if you have a unitary enterprise, you can make money from selling Barbie dolls, Legos, and hula hoops all at the same time.

Overall, a unitary enterprise is like a big box store that can do many different things, selling many different products and services all under one roof.
Related topics others have asked about: