What Is The Difference Between An Organization And An Enterprise?

Question

What Is The Difference Between An Organization And An Enterprise?

2 Answers

Answer Question

Answer 1

Organization is a general term which concern to all of biological to artificial collections which have specific goals and behavior in a formal manner, but enterprise is a term for describing the purpose oriented organization in a business environment. I think for an enterprise we need the very well specification of our business, mission, goals, strategies, policies, tactics and action.

Answer 2

Let me answer you question by giving an illustration. An organisation is not likely to survive in an inflationary environment while an enterprise has higher chances of surviving.

Coming to the point,an organisation is beauracratic,bound by rules and regulations while an enterprise is flexible and proactive. Zimbabwean business environment is much suitable for enterprises than organisations.This is because business opportunities disappears as soon as they come, a situation ideal for enterprises to survive.