Is (in traditional chinese) "企業" - noun or adjective? Is this menaing closer to "readiness and willingness to take initiative" or to "a company"?
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企 refers to an attempt or expectation, and 業 means "industry." So 企業 would best translate into "enterprise." That would refer to an "early stage" company that is trying to make a name for itself but is not fully established.
"企業"is a fixed phrase that cannot be seperated from each character, its whole meaning: company,enterprise.