ABSTRACT

There are numerous definitions for “enterprise” ranging from “a unit of economic organization or activity, especially a business organization” to “a systematic purposeful activity.” Whichever definition you accept, every enterprise, no matter how large or small, whether business, industry, academic, healthcare, or government, starts with a vision. This vision is normally supported by a mission statement and set of goals. So as to achieve the vision and the supporting goals eight critical functions are employed.