Showing papers on "Enterprise systems engineering published in 1977"
01 Sep 1977
TL;DR: The characteristics of economic enterprise between the fifteenth and eighteenth centuries bear only an oblique resemblance to those of enterprise in the more recent, industrialized environment as discussed by the authors, and the role of enterprise was no less important in an economic environment in which rate of change was slow than it was to be in one where change was very rapid.
Abstract: The characteristics of economic enterprise between the fifteenth and eighteenth centuries bear only an oblique resemblance to those of enterprise in the more recent, industrialized environment. This chapter illustrates the diverse nature of enterprise in the early modern period. It first discusses economic aspects of the framework of enterprise, and then emphasizes that economic institutions and market forces naturally dominated the entrepreneurial scene. The role of enterprise was no less important in an economic environment in which rate of change was slow than it was to be in one where change was very rapid. The intimate connection between finance and trade in the early modern period meant that the financial was frequently indistinguishable from the commercial entrepreneur. The chapter focuses on industrial enterprise, corporate enterprise, European aristocracy and European nations. It concludes that entrepreneurial problems and the techniques designed to solve those problems were largely derived from the risks of an underdeveloped economy.
36 citations
TL;DR: In this article, a theoretical framework for the management control problem of an enterprise's structure is presented, where a decision and control subsystem, a financial funds subsystem, and an operating (physical transforms) subsystem are considered.
Abstract: Using a general systems rationale, this paper develops a theoretical structure for approaching the problem of management accounting. The management control problem is explicated in terms of maintaining a relationship between the enterprise's structure and its environment. An enterprise's structure is composed of three elements (and their inter-relations): a decision and control subsystem; a financial funds subsystem and an operating (physical transforms) subsystem. Portrayed in these terms, the problem of management accounting is shown to require a methodology which is able to take cognizance of economic, sociological, psychological and other aspects of the enterprise system. The model described here provides a general intellectual frame of reference for ordering the problem.
18 citations