SYSTEM - Types

  1. Deterministic – Which is predictable i.e. level of certainty is present e.g. using Standard costing system.
  2. Probabilistic – Which is prone to errors or uncertainties e.g. Sale Targets or Budgeting.
  3. Closed – Which doesn’t interact with other systems e.g. if Human Resource Department doesn’t interact with other departments then it will be a Closed System. Closed systems are of no use and don’t exist at all.
  4. Open – Which interacts with other systems e.g. when HR department interacts with all departments of the organisation it is Open System.

 

Comments

0 Responses to "SYSTEM - Types"

Post a Comment

Place your order..

Buy MICS Unleashed here..
ISBN: 978-81-7666-523-0

Subscribe...

Quick reference ...