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Enterprises are large groups of corporations, operating in many countries. Enterprise players may also have countries but they can play an enterprise only game. They produce and trade in many countries and cooperate with other enterprises and counties.
Most Enterprise leaders (CEOs) also have countries and empires and play both ways.
State Corporations can be taken over by enterprises that operate in all countries. The president can decide which industries must remain under her/his control and which ones can become private or public corporations.
Presidents can prevent takeovers by enterprises. Most country leaders do however allow private and public corporations in their countries because these corporations contribute much more to the country than state corporations.
Large and successful corporations can go public and their shares are traded on the stock exchange. These corporations achieve higher market value and represent valuable game assets.