Edward feels that inefficiency is the cause of increased costs in his production facility. therefore, he is interested in making improvements in his factory by utilizing all the components of the facility’s system: inputs, outputs, transformational processes, and feedback. true or false?

The correct answer is False.

Explanation:

A system basically consists of four parts, denoted as follows:

Inputs: it is the place through which all the information or elements that a system needs for its operation enters. Process: it is here where those elements that enter the system undergo a transformation process. Exit: as the name implies it is the place where a new element has already been transformed. Feedback: it is a part with which a system is analyzed in which the whole process that an element has had is analyzed in order to determine aspects in which there are failures and can also be corrected.

Answer consumption and investment; net exports       (or)                           real interest rate ; ; ; ///   exchange rate;