Page 72 - CHAPTER 1 (1) shima_Neat
P. 72

Four major components in Systems Theory:







          i.       The input


                •        Various human, material, financial, equipment and


                         informational resources needed to produce goods

                         and services.


          ii.      Transformation processes

                •        An organization’s managerial and technological abilities used

                         to change inputs into outputs.

          iii. Output


                •        The organization’s products, services and other outcomes.


          iv. Feedback

                •        The information’s on results and organizational status relative

                         to the environment.
   67   68   69   70   71   72   73   74   75   76   77