Which Researchers Are Credited with the Development of Open-System Theory

question 61

Multiple Choice

Which researchers are credited with the development of open-system theory?

• A)Frederick Taylor and Michael DeVader
• B)D. M. McGregor and Kevin Ford
• C)Daniel Katz and Robert Kahn
• D)Robert Lord and Christy DeVader

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Definitions:

Ordinary Simple Interest

Interest calculated on the principal amount of a loan or deposit, based solely on the principal, rate, and time.

360-Day Year

A method used in accounting and finance that assumes a year has 360 days to simplify interest calculations.

Ordinary Simple Interest Rate

The standard interest rate applied to a loan or investment, calculated on the principal amount without compounding over a specific period.

360-Day Year

A financial calculation assumption where the year is considered to have 360 days for simplifying interest calculations.