Course Title: BUSINESS DYNAMICS: SYSTEM THINKING AND MODELLING FOR A COMPLEX WORLD                                   Required What System Dynamics Meaning of feedback, types, with examples

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Mechanical Engineering

Course Title: BUSINESS DYNAMICS: SYSTEMTHINKING AND MODELLING FOR A COMPLEXWORLD  

                               Required

What SystemDynamics

Meaning of feedback,types, with examples

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System dynamics is a systemsbased approach to modeling complex organizations that is focused on feedback loops stocks and flows System dynamics is a modeling language from systems theory that is used in the management of organizations in order to try and capture how local causal links and feedback loops interact over time to give rise to longterm patterns of    See Answer
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