What Is a Way of Monitoring the Entire System in a Company

question 23

Multiple Choice

What is a way of monitoring the entire system in a company, by viewing the multiple inputs being processed to produce outputs?

• A)feedback thinking
• B)systems thinking
• C)output management
• D)operational thinking

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Definitions:

Legal Obligation

A duty enforced by law, requiring an individual or organization to follow or avoid a particular course of action.

Moral

Pertaining to the principles of right and wrong behavior and the goodness or badness of human character.

Partnership Termination

The process of dissolving a business partnership, involving the liquidation of assets, settlement of debts, and distribution of remaining assets among partners.

Liquidation

The process of converting assets into cash, often in the context of dissolving a company or settling debts.