In Systems Theory,the Raw Materials,human Resources,and Financial Resources of an Organization

question 71

Multiple Choice

In systems theory,the raw materials,human resources,and financial resources of an organization are examples of

• A)inputs.
• B)feedback loops.
• C)transformation processes.
• D)outputs.
• E)sources of error.

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Definitions:

Income

Income is the financial gain earned or received by an individual or entity, typically through work, investments, or business operations.

Departments

Distinct units within an organization, each focusing on a specific area of the business or a particular line of products or services.

Calculate

To determine or ascertain by mathematical methods; compute.

Direct Expense

Costs that can be directly attributed to a specific product, service, or department within a business.