I mean "企" character by itself isn't really a word, but maybe the person thought of 企业 (Enterprise/Bussiness), which I would say technically that person isn't like lying, just a misunderstanding of language.

But then again, I've only attended primary school grade-levels in China, so I'm no word expert either.

Penguins are called 企鵝/企鹅 (qì'é, [tɕʰi˥˩ ɤ˧˥]) in Chinese. It would be better literally translated as standing goose. It just so happens to share the same character 企 with the word for business. Most people don't know that 企 means standing anymore though.