Business:Concepts:Enterprise
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Summary
An Enterprise is a corporation, business, firm, company, or registered group formed specifically so founders can pursue entrepreneurial endeavors driven by initiative and resourcefulness.
An Enterprise can be made up of a collection of one or more Organisations with aligned Principles and Goals.
Notes
While enterprises have social elements, they differ from clubs or other non-commercial organizations because of their entrepreneurial purposes.
Enterprises are formed for the purpose of attracting customers, selling goods and services and earning profit.
The formal structure in a business establishes reporting relationships between managers and employees and across company departments.
Mission, Values, Principles
Enterprises are Organisations of People who share common Values, and agree to abide by common Principles while on a common Mission.
An Enterprise is a an Organisation (corporation, business, firm, company, or registered group) formed by founders with common Values and a common Vision, in order to fulfill an entrepreneurial Mission comprised of one or more Strategic Goals, Driven by by opportunities, initiative resourcefulness, and/or risks, while abiding to Principles that ensure Values are upheld, promoted and not traded in.