Ticket 1 Enterprises (firms) field of activity and its main characteristics


Methods and sources of enterprise development


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2. Methods and sources of enterprise development.
The concept of enterprise development lies in investing knowledge and time, attracting investment, building business linkages, employing more people for an enterprise to compete in the global economy. It encompasses the process of improving a company’s image and increasing the capital by bringing more value to the customers. The main intention of the enterprise development process is leading to positive societal change through stimulating economic activity.Such an approach is especially beneficial for small and medium-sized suppliers as it enables them to improve their sustainability through gaining experience in transnational cooperation, the ability to get larger deals, and is relatively inexpensive.IT industry plays an important role in building an enterprise that aims at effective management of all the inner processes and successful partnerships.With the use of cutting-edge technologies, enterprises become able to simplify all core business processes, boost communication efficiency, and solve critical workflow challenges. Enterprise systems are large development solutions capable of tracking and controlling all of a company's complicated activities. Integrated systems serve as a central command hub, helping to automate the company and simplify monitoring as well as decision-making. The strategy, culture, and organization of a corporation are all influenced by the logic of an enterprise system.To simplify, not long ago organizations used to collect the data from different information systems to meet the needs of different business functions (manufacturing, marketing, sales, etc). It’s easy to understand how much time and effort it required. Nowadays, all these separate information systems can be replaced with a single system that integrates all key business processes.
3. Types of enterprises, their legal forms.
ENTERPRISE The aggregate of all functional elements participating in a business process improvement action regardless of the organizational structure housing those functional elements.
CLASSIFICATION OF ENTERPRISES 1) After the patterns of ownership: - private; - state, public; - communal; - mixed. 2) After character of activity are enterprises from: - productions of goods; - grant of services; - implementation of works. 3) On the method of creation: - unitary; - corporate. 4) After belonging of capital: - national; - foreign; - with foreign investments. 5) In size (depending on the quantity of workings and production volumes): - small; - middle; - large. 6) After character of dominant factor of production: - labour intensive; - resource-demanding; - capital intensive. 7) After the type of association: - association; - corporation; - consortium; - business concern.
LEGAL FORMS OF ENTERPRISES Individual, that based on the right of ownership of one person which get all profit and carry all risks from business (private enterprises) ..Partner, that based on the association of property of different individuals and participating in entrepreneurial activity(complete, komandete, limited liability company and company with additional responsibility) ..Corporate, that based on participating in activity of enterprise of persons by acquisition(private and public joint stock)

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