Understanding Enterprise: Concepts, Systems, and Subsystems
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Unit 1: Introduction to the Concept of Enterprise
1 - Concepts
Organization: A group of people who have the means and resources, working through a set of rules and procedures established to achieve a particular purpose.
Company: A company is an organization and therefore has all the characteristics of an organization, but its ultimate goal is profit.
Difference between organization and enterprise: The concept of organization is much broader and covers the company. An organization may or may not be for profit; it can devote itself to other purposes, such as humanitarian, educational, or sports activities. While a company must always be oriented towards profit.
2 - The Company as an Open System
A company is an open system because, to be successful,... Continue reading "Understanding Enterprise: Concepts, Systems, and Subsystems" »