Micro

Dictionary: Entity


The actors at the micro-level are organisations of different kinds, such as companies, schools, medical centers, associations and public agencies.

A key characteristics of these actors is their specialisation. Each actor repetitively and efficiently performs a (small) number of sequential or parallel tasks.

Companies moreover mutually compete, develop new products and services, improve their efficiency and innovate.

Both their operations and innovations involve an increasing number of information exchanges, for which content solutions and software applications have been created.

The paper on VAT Compliance in ERP systems illustrates how companies could efficiently deal with regulation changes in their markets.