Essay
This question has two parts;be sure to answer both.First,describe the four parts of a system.Next,imagine that you own a one-person business.You create beautiful,elaborate wedding cakes (for which you charge a large sum of money).What are the components of your wedding cake business system?
-The four parts of a system are (1)inputs-the people,money,information,equipment,and materials required to produce an organization's goods or services; (2)transformation processes-the organization's capabilities in management,internal processes,and technology that are applied to converting inputs into outputs; (3)outputs-the products,services,profits,losses,employee satisfaction or discontent,and the like that are produced by the organization;and (4)feedback-the information about the reaction of the environment to the outputs that affects the inputs.Are the customers buying or not buying the product?
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