This Question Is Composed of Two Parts; Be Sure to Answer

question 48

Essay

This question is composed of two parts; be sure to answer both.
First, compare and contrast open and closed systems. Explain why almost all businesses today have an open system.
Next, suppose you manage a business in which you hire young musicians to give lessons to school children. In what ways will you need your business to be open?

---

Definitions:

Intimate Knowledge

Deep, personal understanding of a subject or another person, often gained through close relationships or extensive experience.

Marriages

Marriages are legally or culturally recognized unions between people, typically involving personal or communal commitments and acknowledged across various societies.

Monetary Trades

Transactions involving the exchange of goods or services for money, forming the basis of most modern economic systems.

Immense Wealth

Refers to the possession of a vast amount of resources, assets, or money that significantly exceeds the norm.