Difference between revisions of "Model"

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==Definitions==
 
==Definitions==
 
According to [[Organizational Behavior by Robbins and Judge (17th edition)]],
 
According to [[Organizational Behavior by Robbins and Judge (17th edition)]],
::[[Model]]. An abstraction of reality, a simplified representation of some real-world phenomenon.
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:[[Model]]. An abstraction of reality, a simplified representation of some real-world phenomenon.
 +
According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
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:[[Model]]. A simplified representation of an object or situation that includes enough of the key features to be useful.
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According to [[Macroeconomics by Mankiw (7th edition)]],
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:[[Model]]. A simplified representation of reality, often using diagrams or equations, that shows how variables interact.
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According to the [[BABOK Guide|BABOK Guide (3rd edition)]],
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:[[Model]]. A representation and simplification of reality developed to convey information to a specific audience to support analysis, communication, and understanding.
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According to the [[ITIL Foundation 4e by Axelos]],
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:[[Model]]. A representation of a system, practice, process, service, or other entity that is used to understand and predict its behaviour and relationships.
  
 
==Related concepts==
 
==Related concepts==
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*[[Business Modeling Quarter]].  
 
*[[Business Modeling Quarter]].  
  
[[Category: Septem Artes Administrativi]][[Category: Articles]]
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[[Category: Septem Artes Administrativi]][[Category: Economics]][[Category: Articles]][[Category: Business Analysis]][[Category: Information Technology]]

Latest revision as of 17:11, 11 December 2020

Model is an abstraction of reality, a simplified representation of some real-world phenomenon.


Definitions

According to Organizational Behavior by Robbins and Judge (17th edition),

Model. An abstraction of reality, a simplified representation of some real-world phenomenon.

According to Principles of Economics by Timothy Taylor (3rd edition),

Model. A simplified representation of an object or situation that includes enough of the key features to be useful.

According to Macroeconomics by Mankiw (7th edition),

Model. A simplified representation of reality, often using diagrams or equations, that shows how variables interact.

According to the BABOK Guide (3rd edition),

Model. A representation and simplification of reality developed to convey information to a specific audience to support analysis, communication, and understanding.

According to the ITIL Foundation 4e by Axelos,

Model. A representation of a system, practice, process, service, or other entity that is used to understand and predict its behaviour and relationships.

Related concepts

Related lectures