Definition: [ˈentərpraɪz ˈmænɪdʒmənt] is the process of influencing people's teams in order to achieve the required purposes. Such structure includes two subsystems, which are in constant interaction. The administration consists of toppers and functional specialists, united in departments. They produce planned tasks for the wares, purchase of material and hiring labor resources.
The personnel apply dedicated reserves to get some goods. The deviation from the specified parameters is registered by corresponding services of the enterprise. To eliminate them, the collected data is compared with the planned parameters. The controlling subsystem performs its functions in order to reach aims, which are reduced to the following assignments, namely: planning, organization, motivation, control, coordination.
Enterprise management In a Sentence:
- Enterprise management takes from the header a lot of time and effort that he could dedicate to his family.
- Thanks to the skillful enterprise management, the board of directors opened several more branches throughout the country.
Synonyms and related words: firm administration, company management, activity regulation
