what is business system ? Explain the features of such a system ?
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A business system is a repeatable process that employees understand and use to achieve a desired purpose. Owners implement human resource, marketing, organizational, administrative, financial, accounting, lead generation, and sales systems. Several of my customers have been discussing systems in their business.
The features of business system are as follows: (i) Goal Oriented: A business system is directed towards the achievement of certain objectives. ... (ii) Input-output: A business system imports inputs form the external environment and exports its outputs to the external environment.
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