A business organisation often includes functional areas such as administration, human resource, finance, MIS (management information systems), production, marketing, sales and purchasing. An enterprise function is a group of activities and processes put in place to support a specific part of the mission of the enterprise, and each activity or process is usually supported by a set of procedures.
Be warned that enterprise functions may appear to be the basic building blocks of a business enterprise, yet the business structure may not be based upon them. Is a city’s commerce based upon the number of buildings that can fit into its grid of roadways?
Obviously not, yet the roadways permit many of the exchanges that commerce depends upon. In the same way, enterprise functions must be performed, no matter how the business organisation is structured. The focus should be on what is done by the functions rather than how or where it is done. In this section, you will become familiar with looking at a business in this way by reviewing an outline of what is meant by the functions grouped under the different headings of marketing, human resource, finance, management information systems, production and purchasing. (more…)
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