3.1. Identifying Business Requirements
First, any company has a set of business objectives that they have established to help ensure the viability and growth of the enterprise. These are determined by executive management with oversight from the Board of Directors and then communicated downward into the organization. These objectives reflect the corporation's overall mission statement and are used to guide or direct employee behavior and decisions toward meeting the objectives. The mission statement is related to or contained within the charter or articles of incorporation issued by the state government for the founding stockholders.
Second, corporations must meet the regulatory requirements mandated by the government or by their industry. In ...
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