Wednesday, June 18, 2008
MY 4TH WEEK IN INTRICT
Enterprise a very deep and overwhelming word when first comes into mind....... from my stack knowledge enterprise for me is some sort of a cycle in business. But this week I truly understood a much social and industrial background of the word enterprise. Well from what I understood enterprise is an organized business activities aimed specifically at growth and profit it is also a commercial company. In an enterprise resources are used and moved, functions are divided but needs to work together, and it needs to be managed with great tactics and finese . I also learned that in different businesses positions are divided into four the Strategic Management, Middle Management, Operational Management and the lowest Non-management. Each division of management have different gravity of tasks and decisions to make: the Strategic gives a decision that is used in a long term and covers the entire enterprise, the Middle gives medium termed decisions which covers a whole regular business cycle and covers entire division or department, and lastly the Operational which has very short term of decision which takes up to a day only and it handles a specific unit only. Overall the enterprise is composed of different sectors namely the sales, distribution, human resources, marketing, manufacturing, accounting and finance, customer service, inventory and purchasing, and engineering or product development. And with these certain sectors the enterprise will become more productive than ever thus becoming more efficient and effective than ever. In conclusion an enterprise is a community where leading cooperation and productivity is needed and as an ICTM student we must be prepared to be able to help enterprises someday to achieve its goals and meet success!
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