Chapter 1 Flashcards
(38 cards)
Conceptual simplification of a real
situation in which extraneous info is
excluded and analysis is simplified is ______
Model
Collection of interrelated parts or
subsystems unified by design to
obtain one or more objectives is a _______
System
Any human physical, or operational
resource required to accomplish
objective of the system is ______
Input
Action or activity to change inputs
into outputs is ______
Transformation
The result of transforming input into
achievement of a systems goal is ______
Output
All stored information that provides
historical records of a system’s operations
is ______
Memory
Things outside the system that can
impact the operation of the system is ______
environmental factors
Processes by which a system continually
receives information from its internal and
external environment is _____
Feedback
Organizations that are in continual
interaction with the environment is _____
Open systems
Each part of the system affects
performance of other parts of the
system is _____
Interdependency
Characteristic of a system that is composed
of subsystems of a lower order and a supra
system of a higher order is is _____
Hierarchy
Complete system within itself that is
part of a larger system is is _____
Subsystem
Same or similar output can be achieved
by using different inputs or by varying
the transformation process is _____
Equifinality
Limits of a system that set the domain of
organization activity is is _____
Boundaries
Area where two systems or subsystems
come in contact with each other is is _____
Interface
Human: labor and skills
Materials: food and supplies
Facilities: space and equipment
Operational: money, time, utilities, and information
Four types of resources
- Procurement2. Production
- Distribution and service
- Safety, Sanitation,
and Maintenance
Functional subsystems include:
operation, human resources, finances,
and marketing are functions of:
manager
Selection by management of a course of
action from a variety of alternatives is _____
Decision Making
Management’s ability to maintain
organization stability under shifting
technological, economic, political,
and social conditions is _____
Balance
Search for and acquisition of info about
events and trends external to the organization
Environmental scanning
Characteristic of a company that distinguish
it from others is _____
competitive advantage
New firms entering the market
competing for same customers
New Entry
Intensity of competition among competing firms
Rivarly
