enterprise (noun, en-ter-prise, \ ˈent̬ərpraɪz \) model (noun, mod-el, \ ˈmɑːdəl \)
Definition: is a representation of organization’s functions, mission, processes, structure, resources, etc. that are presented at the strategic level. An enterprise model is a top-level organizational model. Typically, an enterprise model is employed as a reference in order to construct and create other business models. An enterprise model, being a rather comprehensive concept, is supposed to include all the necessary information that is needed to support the business operations of a particular enterprise. Moreover, an enterprise model should also be able to clearly define the image and the essence of that particular enterprise. Therefore, an enterprise model is a very detailed and extensive notion.
In a Sentence:
- Creating an enterprise model can help you understand what the enterprise business is and how it works.
- Smaller businesses can improve their performance by studying other enterprise models.
- A comprehensive enterprise model is even able to establish an approximate plan for the future for a particular business.
Synonyms and related words: business model, organizational model, enterprise, enterprise structure, enterprise modeling, enterprise business
