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A striking feature of complex, open systems is that each comprises a set of highly interdependent sub-systems. For instance, the human body consists of several complex sub-systems (nervous, skeletal, circulatory, digestive, etc) none of which can survive independently of the others. Each of these sub-systems in turn comprises lower-level interacting sub-systems, and so on.
Looking in the other direction, any system can be seen as a sub-system of one or more higher-level systems. For example, the operations, finance and marketing systems are interdependent sub-systems of the firm. The firm, in turn, is a subsystem of other systems: the industry, the economy, the taxation system, etc.
Leaders must be held accountable for achieving desired results. What does this mean to you?
Global expansion is fuelled by a (n): Answer (1) shrinking customer market, lower foreign labour costs, and advances in technology. (2) Expanding new customer market, lower foreign
Category- 1) Invoice Amount does not agree with check amount 2) Invoice not on record 3) No formal invoice issued 4) Check (payment) not recieved on time 5) Check no
Analyze the 12 financial ratios and determine which is the most useful to the greatest number of small businesses. Explain your rationale
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 percent of capacity; actual usage was 52 percent of cap
Service department managers expectations
Explain all the principles of organization. Principles of Organization: Organization is a structure or mechanism which enables living things to work efficiently together.
Suppose you are the CEO of a growing fast food company, specializing in hamburgers. You are interested in expanding your business into new domains. What are some strategies that yo
States Gross National Product (GNP) Gross Domestic Product (GDP) adjusted for foreign earnings.
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