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Consider the following scenario:
The three inputs which affect the outcome of a business are:
the management is good
employees are satisfied
people are hard-working
If the management is not good, the organisation will be in loss. If management is good and employees are satisfied but they do not work hard, then the organisation will be in loss. If the management is good but the employees are not satisfied, then the business will break-even. If all three conditions are satisfied, then the organisation will be in profit.
Analyse all the three scenarios and identify the inputs and outputs to a process which decides all the different outcomes/scenarios. Show this in the form of truth tables and logic diagrams for each of the scenarios.
Hint: To convert the truth tables into logic diagrams, the easiest way is to convert first into a Boolean expressions, and then into logic diagrams.
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
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