A System Is a Collection of Parts That Link to Achieve

question 112

Multiple Choice

A system is a collection of parts that link to achieve a common purpose. Systems thinking is a way of monitoring ________.

• A) The entire system.
• B) A division within the sales role.
• C) The executive team.
• D) The company's competitors.

---

Definitions:

Analyzer Strategy

A business approach where a company monitors the market and competitors' actions, innovates incrementally, and follows the market leader's successful moves.

Entrepreneurial Employees

Employees who exhibit entrepreneurial characteristics within an organization, including innovation, risk-taking, and proactiveness, contributing to the company's growth.

Flexible

The ability to easily adapt to new, different, or changing requirements and situations.

Agency Problem

arises in situations where there is a conflict of interest between the principals (owners) and agents (managers) of an organization, leading to potential difficulties in aligning their goals.