Which term describes the formal relationships among people working in an enterprise?

The term that describes the formal relationships among people working in an enterprise is organizational structure. Organizational structure refers to the way in which roles, responsibilities, and authority are assigned and coordinated within an organization. It outlines how different teams and individuals interact, making it essential for establishing clear paths of communication and decision-making.

A well-defined organizational structure helps to clarify reporting relationships, delineates the hierarchy within the enterprise, and provides a framework for collaboration among different departments. Understanding this structure is crucial for effective management and for ensuring that all employees are aligned with the organization's goals and objectives. In contrast, organizational culture relates more to the shared values and behaviors within the workplace, while group dynamics focus on the interactions within smaller teams. A business model, on the other hand, outlines how an organization creates, delivers, and captures value.