ABSTRACT
Time is a key variable in the process of strategy formulation, strategic choice, strategic decision-making, and business planning in the enterprise, but it may be subject to a wide variety of different conceptualizations. Critical success factors are likely to have a predominant impact on the achievement of the organization's objectives. Limiting factors is described as those influences that directly shape and limit the strategies, strategic choices, and operations of the enterprise. Prevailing contingencies and constraints is likely to determine how the enterprise may have to operate. Hampden-Turner and Trompenaars, and Trompenaars and Hampden-Turner suggest that the nature of enterprise value systems, and the value judgements associated with them appear to depend on a series of what they call "value dilemmas". The enterprise may perceive an activity in terms of a single linear sequence of events that it has to carry out in order to achieve the objectives associated with that course of action.
