A Production System Is the System That an Organization Uses

question 63

True/False

A production system is the system that an organization uses to acquire inputs, convert inputs into outputs, and dispose of the outputs.

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Definitions:

Law

A system of rules that are created and enforced through social or governmental institutions to regulate behavior, with the aim of ensuring order and justice in society.

Medicine

The science and practice of diagnosing, treating, and preventing diseases and injuries in humans and animals.

Educational System

An organized framework designed to transmit knowledge, skills, and cultural values to members of a society, typically institutionalized as schools, colleges, and universities.

School Vouchers

A policy that allows parents to use public funding allocated for their child's education towards private school tuition fees instead of public school.