Systems Theory Maintains That __________

question 23

Multiple Choice

Systems theory maintains that __________.

• A) all parts of a system must function independently if the entire system is to operate effectively
• B) all parts of a system are interrelated and dependent on one another
• C) changes made in one unit of a system will have a corresponding impact on other units
• D) both b and c

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Definitions:

Asset

An economic resource that can be owned or controlled to produce value and that is held by a company to produce positive economic value.

Equity

The worth of an owner's stake in a property or business once all debts and other financial obligations have been subtracted.

Expense

An outflow of money or other resources, often categorized as operational or capital, incurred by a business in the process of earning revenue.

Room Rental Revenue

Income generated from the leasing or renting out of rooms, commonly seen in hotels, hostels, or rental properties.