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Showing papers on "Business rule published in 1978"


Journal ArticleDOI
TL;DR: In this paper, the authors propose a model-based approach for analyzing and prognosticating the state and future of a firm, where the state of the firm is described by state variables, and future development by means of transition equations indicating the changes in state variables.
Abstract: Modern theories of business planning and management make use of model building approaches as a tool for analyzing and prognosticating the state and future of a firm. For this purpose the state of the firm is described by means of state variables, and future development by means of transition equations indicating the changes in the state variables. The model contains numerous parameters; some of them describe inside or outside conditions of the company and are beyond the control of management whereas other parameters depend on the decisions made by management, e.g. concerning sales efforts, pricing, etc. or, making use of the terminology of management theories or the game theory, on the business strategy approved. When the model has been built and the strategy chosen, it is possible to calculate the future development of the business on the basis of the preassumed conditions and assumptions.

9 citations


Book ChapterDOI
01 Jan 1978
TL;DR: The modern business organisation is a highly complex affair, depending as it does on the availability of human talents and raw materials and the use of numerous other resources in order to supply goods and services to its customers.
Abstract: The modern business organisation is a highly complex affair, depending as it does on the availability of human talents and raw materials and the use of numerous other resources in order to supply goods and services to its customers. Meeting the customers’ requirements must clearly be one of the primary objectives of the business, but, at the same time, the organisation will strive to provide profits for expansion and for shareholders’ dividends, to provide satisfaction for its employees, and to increase respect in the market place for its goods or services.

1 citations


Book ChapterDOI
M. Ricciardi1
10 Oct 1978
TL;DR: A matrix is described which put into evidence the tight "correlation" existing between the EDP Development and the Organization Development of a Company.
Abstract: This paper describes a matrix which put into evidence the tight "correlation" existing between the EDP Development and the Organization Development of a Company.

1 citations