1.2.2. TheLawof Requisite Variety
TheLawof Requisite Variety says that the number of different states of a system’s control mechanism must be higher than or at least equal to the number of (possible) different states in the system being controlled, in order to guarantee stability. But in reality, the variety ofthe environment is larger than the variety ofthe organization.
Stafford Beer
ofthe risks faced by Blue Nile difficult to reduce through control activities? Explain.
There are so many risk factors for Blue Nile, but main risk factors are below.
Company
Customer
Competitor
ETC
1. Supply of diamonds
2. Online distribution
3. Supply chain management
4. Demand of
diamonds
5. Excessive Competition
6. Changing rule
(Accounting & Law)
(1) Sup
the organization. To overcome the present difficulties, they tried to streamline their staffing structure. As part of this effort, they are trying to abolish the hierarchical structure and the seniority system. When it comes to promotion, they introduced HR marketplace way so called “Talent Market”. It means that they can exchange HR by thelawof supply and demand using the infranet. It’s
Law : For success ofthe mixed government, law which pursues justice is essential. Montesquieu thought that justice is the chief virtue and the only justification for laws. He argued that law should ensure justice entirely. To him, justice is the foundation oflaw. And justice and law ought to have humanity and sensitivity. Good law ensures the triumph of justice and liberty. Appropriate control
of inequality, emphasis on opposed and antagonistic relationship between classes, and connection between power and culture.
Economic relationship is what underpins inequality
In all societies there has been members who own and controlthe means of production and other members who participate in the production on terms and conditions set by these owners
The Bourgeoisie in power
Their e