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An economist observed that, as more computers are added to a factory, the costs of production initially decline, reach a minimum, and then rise. In a diagram that has costs on the vertical axis and the number of computers on the horizontal axis, the relationship always is
Identify Need
The process of recognizing a gap or requirement that necessitates a solution or action to improve a situation or resolve a problem.
Implement Change
This involves executing strategies or actions to alter the current state of an organization or system to achieve desired improvements or adaptations.
Open System
A system that receives inputs from its external environment.
External Environment
Factors outside an organization that can affect its operations and success, including economic, political, social, and technological influences.
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