Question

27. Explain different types of system with definition and example.
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Answer 1

Answer:

Types of System : Physical or Abstract : Physical system is tangible entities that may be static or dynamic in nature. Abstract system is conceptual or non-physical. The abstract is conceptualization of physical situations.

Open and Closed : An open system continually interacts with its environment. It receives input from the outside and delivers output to outside. A closed system is isolated from environment influences.

Sub System and Super System : Each system is part of a large system. The business firm is viewed as the system or total system when focus is on production, distribution of goal and sources of profit and income.

Explanation:

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