The two basic components of a system are:
A)Standards and assessments
B)Rules and limits
C)Processes and procedures
D)Stocks and flows

Question

Quizplus · Accepted Answer

Stocks refer to the physical or virtual elements of a system, such as resources, people, or information, while flows refer to the movement or exchange of those elements within the system. These two components are fundamental to understanding how a system operates and can be used to analyze and improve its performance. While the other options mentioned may also be important components of a system, they are not as fundamental as stocks and flows.

The Two Basic Components of a System Are