Introduction to a System
The term system is derived from the Greek work systema, which means an organized relationship among functioning units or components. A system exists because it is designed to achieve one or more objectives. There are several definitions for the word system. Elias M. Awad defines system as an orderly rouping of interdependent components linked together according to a plan to achieve a specific objective. The components of a library system are its collection, circulation system, catalogue system, classification system, etc. Each of these components is interdependent and linked together with the specific objective to provide the right information to users in the shortest time.
The broad study of a system includes following
1. Characteristics of a System
2. Elements of a System
3. Classification of Systems
4. Systems Study, Systems Analysis and Systems Approach
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Objectives of Cost Accounting - To determine the cost of production on per unit basis, for instance cost per liter, cost per kg, cost per meter, cost per ton etc.
A case of historic US (United States) use of the identical word Radiophone presents in the 1960s. This word is employed to explain push-to-talk two-way equipment and systems.
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