What is 'THE Flagship of the Federation'?

We hear on screen several times that various USS Enterprise starships are considered the Starfleet or Federation Flagship. But what does that mean? What extra duties or functions does that entail for the named vessel and is it always the Enterprise that receives this special status? Let's take a look at the history and legacy of the Enterprise as well as the term flagship and how it is used in Starfleet. STAR TREK® Online developed by Cryptic Studios and Perfect World. STAR TREK® and its trademarks (including Picard/Strange New Worlds/Lower Decks/Enterprise/Voyager/Deep Space Nine/Discovery and The Next Generation) are all owned by © Paramount Global Pictures/CBS Studios Inc. and distributed by CBS and Paramount Plus. This Video is for critical purposes with commentary. Outro Animation made by @icarogabriel17