ABSTRACT
In every industrial country the enterprise has emerged as the decisive, the representative and the constitutive institution. Whether industrial society is organized under Capitalism, Socialism, Fascism, or Communism, the enterprise is its central institution, looks alike, behaves alike, and faces similar decisions and difficulties. The industrial enterprise is an autonomous institution. The decisive character of the enterprise is displayed in its role in the economic process. Any analysis of the economy shows that it is the big enterprises which occupy the strategic centers. The enterprise determines economic policies and makes the economic decisions. A small number of big enterprises sets the wage pattern and establishes the "going wage" of the economy. It is the big enterprise which establishes the pattern of union-management relations. It is the big enterprise at which government control and government regulation of industry aim. The industrial enterprise arises from the needs of industrial life rather than from the beliefs or principles underlying political organization.
