Which of the Following Is True of an Open System

question 79

Multiple Choice

Which of the following is true of an open system?

• A)It is more likely to experience entropy than is a closed system.
• B)It uses resources from the external environment for internal processes, but does not return anything to the external environment.
• C)The input, process, and output stages in the production process are performed in the external environment.
• D)It is a self-contained system that is not affected by changes in its environment.
• E)It takes in resources from its external environment and converts them into goods that are then sent back to that environment for purchase by customers.

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Definitions:

DRP

Disaster Recovery Plan; a strategy for business continuity that focuses on recovering IT infrastructure and systems after a disaster.

Enterprise Resource Planning

A software system that allows an organization to manage and integrate important parts of its business.

Part-Period Algorithm

A decision rule used in inventory management to determine the optimal time and quantity for reordering inventory.

Holding Cost

The expenses associated with storing inventory or goods before they are sold, including warehousing, insurance, and depreciation.