Equifinality and Offline: Difference between pages

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imported>Doug Williamson
(Create page. Sources: linked pages and Revolvy webpage https://www.revolvy.com/page/Equifinality)
 
imported>Doug Williamson
m (Spacing 21/8/13)
 
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1. ''Competitive advantage''.
1.  


Equifinality means that there are different, and equally valid, routes to reach the same end result.
In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users, through such means as voice, written or telefaxed instructions, that must subsequently be input into a transfer processing system.


In business, equifinality means that firms can establish similar competitive advantages based on substantially different competencies.


2.


2. ''Organisational management''.
The term may also refer to the storage of data by a transfer processing system on media such as a magnetic tape or disk so that the user may not have direct and immediate access to the data.


In the organisational context, equifinality means that there is no single optimal structure for achieving organisational effectiveness.


This also promotes the importance of diversity of thought as a key aspect of organisational diversity.
3.  


More generally, operating independently of - or disconnected from - another computer or electronic terminal. 


3.
For example, not connected to the internet.
 
Similar concepts applied in many other fields.




== See also ==
== See also ==
* [[30% Club]]
* [[Online]]
* [[Affinity bias]]
* [[BAME]]
* [[Board of directors]]
* [[Competition]]
* [[Corporate governance]]
* [[Corporate social responsibility ]]
* [[D&I]]
* [[Developments in corporate and market regulation: implications for the treasurer]]
* [[Diversification]]
* [[Diversity]]
* [[ESG investment]]
* [[Ethics]]
* [[Governance]]
* [[Kay Review]]
* [[Institute of Business Ethics]]
* [[Market environment matrix]]
* [[Shareholder value]]
* [[UK Corporate Governance Code]]
 
[[Category:Commercial_drive_and_organisation]]
[[Category:Influencing]]
[[Category:Self_management_and_accountability]]
[[Category:Working_effectively_with_others]]
[[Category:Planning_and_projects]]
[[Category:The_business_context]]
[[Category:Ethics]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 15:03, 21 August 2013

1.

In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users, through such means as voice, written or telefaxed instructions, that must subsequently be input into a transfer processing system.


2.

The term may also refer to the storage of data by a transfer processing system on media such as a magnetic tape or disk so that the user may not have direct and immediate access to the data.


3.

More generally, operating independently of - or disconnected from - another computer or electronic terminal.

For example, not connected to the internet.


See also