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System Components | Computer-Based Information System
Component parts of a system that can control its own operations
Open versus Closed Systems
- Open system: Connected to its environment by means of resource flows
- Closed system: Not connected to its environment
1. Physical system
- The business firm
- Composed of physical resources
- Represents a physical system
- Uses conceptual resources
- Information
- Data
Business operations are embedded within a larger environmental setting
- Reduces complexity
- Requires good objectives
- Emphasizes working together
- Acknowledges interconnections
- Values feedback
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