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Topic: Business
Number of pages / Number of words: 6 / 1565
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Behavior in systems can be placed into two zones, one, the stable zone, where the system, if disturbed, returns to its initial state and two, the zone of instability where some small activity leads to further divergence (Rosenhead, 1998).

CALCULATING CHAOS

Chaos is immeasurable because of its level of randomness and unpredictability...


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Gabriel (1996) states that looking for sufficient equations to enable one to ?manage' such chaos is part of a futile and wish-fulfilling quest. However there are some researchers that believe calculating chaos is possible. While chaos in the business world mimics that in nature, unlike chaos in nature, there are measurable ways for project managers to try and calculate the degree to which chaos will affect their project...


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