Basic Models of the Enterprise

The history of management studies – more recently called business administration – is characterized by a myriad of models and approaches to business. On the one hand, models govern an enterprise’s external relationships; these segment the environment and analyze interdependencies with the enterprise. The analysis in these cases foregrounds the various environmental issues and factors, which vary widely over time. On the other hand, some models discuss the enterprise’s internal relationships and publish conclusions about internal functions, structures, and cultural challenges.