When Evaluating Alternative Systems, Systems Designers Must Consider Economic Feasibility

question 58

Short Answer

When evaluating alternative systems, systems designers must consider economic feasibility, _______ feasibility, and operational feasibility.

Understand the implications of research findings for correlational studies.

Differentiate between various developmental and psychological theories.

Apply knowledge of developmental theories to practical situations in child education and care.

Understand the concepts of price ceilings and their impact on market equilibrium.

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Definitions:

Sustaining Change

Involves maintaining and embedding the changes within an organization's culture and operations over time to ensure long-term success and adaptation.

Need for Change

The requirement to adapt or modify strategies, processes, or operations within an organization to improve effectiveness, address challenges, or exploit new opportunities.

Diagnosing

Involves identifying the nature of a problem or situation through systematic analysis and investigation.

Double-Loop Learning

A learning model that goes beyond simple problem solving to question underlying assumptions and modify objectives and strategies in light of new insights.