Any Social System Engages in Exchanges with Its Environment,receiving Input

question 39

True/False

Any social system engages in exchanges with its environment,receiving input from it and providing output to it.

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Definitions:

Process Reengineering

A basic revision and profound transformation of company procedures to secure substantial gains in key performance indicators like cost, quality, service, and speed.

Michael Hammer

An American engineer, management author, and business consultant known for his work on reengineering business processes.

Break Even

The point at which total cost and total revenue are equal, resulting in no net loss or gain.

Process Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance.