Question: Systems thinking in business management emphasizes the interconnectedness and interdependence of various components within an organization. Discuss the core principles of systems thinking, elucidate its

"Systems thinking" in business management emphasizes the interconnectedness and interdependence of various components within an organization. Discuss the core principles of systems thinking, elucidate its significance in organizational management, and analyze how applying systems thinking can address complex business challenges. Provide examples demonstrating the practical application of systems thinking in optimizing organizational performance and decision-making processes. Additionally, critically assess the limitations or challenges that may arise when implementing a systems thinking approach in diverse business contexts and suggest strategies to overcome these obstacles effectively.

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