One of the Advantages of a Systems View of Management

question 70

True/False

One of the advantages of a systems view of management is that it forces managers to be aware of how the environment affects specific parts of the organization.

---

Definitions:

Trade Customs

Practices and guidelines established by conventions between parties in a particular trade or industry.

Cost Accounting

The process of recording, classifying, analyzing, and allocating all costs associated with a process, product, or project.

Materials Rejected

Refers to goods or supplies that fail to meet the quality or specification requirements and are therefore not accepted by the buyer or receiving entity.

Common Causes

Factors or conditions that consistently contribute to an outcome or result, often assessed in process improvement and quality control.