Tag Archives | System

System: Meaning, Classification and Design

After reading this article you will learn about:- 1. Meaning of System 2. Definition of System 3. Classification 4. Design 5. Overall Objectives 6. Advantages. Meaning of System: A system can be defined as an orderly arrangement of components like, men, materials, money, machine and environment that are inter-related, and act and interact with one another to perform task or [...]

By |2016-11-02T06:00:30+05:30November 2, 2016|Business Management|Comments Off on System: Meaning, Classification and Design

Components of Systems Theory of Management

This article throws light upon the six main components of a system. The components are: 1. Sub-System 2. Synergy 3. Open and Closed Systems 4. System Boundary 5. Flow 6. Feedback. Component # 1. Sub-System: Each part of the bigger whole is a sub-system. These parts make the whole organisation. Each sub-system is part of the larger system which, in [...]

By |2016-08-09T07:56:37+05:30August 9, 2016|Management|Comments Off on Components of Systems Theory of Management
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