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. | |
+ | 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. | ||
==Related concepts== | ==Related concepts== | ||
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*[[Business Modeling Quarter]]. | *[[Business Modeling Quarter]]. | ||
− | [[Category: Septem Artes Administrativi]][[Category: Articles]] | + | [[Category: Septem Artes Administrativi]][[Category: Economics]][[Category: Articles]] |
Revision as of 09:48, 2 June 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.