THE DEVELOPMENT OF A BUSINESS STRATEGY SYSTEM FROM AN ENTROPIC POINT OF VIEW PART II

R?zvan R?dulescu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2014, vol. 8, issue 1, 290-297

Abstract: An important area of interest regarding the functionality of a business system is the manner in which structural patterns are developed from the constituent elements of the system main model. The way the internal process and sub-processes of the model generate its structure (using its resources), that gives an organization the required set of capabilities for generating a flexible structure through which it can withstand shifts in parameters, such as capital and information. In the circular model, the relation between the process and its structure is designed as a built-in feature through the usage of self-similar patterns (fractals formations that resemble the form and behavior of natural systems). The fractalization degree of the structure is in direct relation with the evolution of the main process and it is rooted in the internal tensions exhibited by the model, evaluated through a network of feedback loops.Due to the dynamic and circular characteristics of the model, the internal tensions and transfer phases can be viewed at their core as thermoeconomically (and thermodynamically) transfer zones. The model’s proposition to fractalize its subsequent structure and define the transfer phases, as transfer zones, enables the model a higher degree of flexibility, and opens the door to a series of complex adaptations.In the following paper, I will present a symmetrical fractal representation of the model for the first iteration of the main process, which is presented in a state of equilibrium concerning the main parameters (time, capital and information), developed in a closed environment.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:8:y:2014:i:1:p:290-297

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