What does "H" symbolize in the principles of Systems Theory?

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AHierarchy within subsystems

BHomeostasis: Maintaining balance

CHeterogeneity of elements

DHedging risks

Answer:

Homeostasis refers to the system’s capability to maintain stability through self-regulation and adjustments in response to internal or external changes.

Related Questions:

Consider the following statements regarding the Principles of Administration:

I. Principles are considered universally valid and rigid doctrines applicable to all organizational contexts across time and space.

II. They serve as guidelines, simplifying the management process and increasing efficiency.

III. The principles of reality mandate that implementation must strictly correspond to ideal plans irrespective of situational constraints.

Which of the following is correct?

Column I (Thinkers)

Henry Fayol

Luther Gulick

Lyndall Urwick

J.D. Mooney

Column II (Contributions)

A. POSDCORB framework

B. Fourteen principles of administration

C. Span of control principle (5-6 subordinates)

D. Scalar process and coordination as primary principle

Consider the following statements regarding Fayol's classification of activities in an industrial undertaking:

Managerial activities encompass planning, organization, command, coordination, and control, distinct from technical or commercial functions.
Financial activities involve the search and optimum use of capital, while security activities focus on stock-taking and balance sheets.
Fayol emphasized that administrative ability predominates at higher organizational levels, advocating training for all employees.

Which of Fayol’s administrative activities encompasses stock-taking, balance sheets, costs, and statistics?