We regulate the practice of Orgtology.
What is Orgtology?
Orgtology studies workplace systems and dynamics with the aim to increase performance and ensure relevance. The word is a blend between "organisation" and the Greek word "-logy", meaning the science of organisation. An Orgtologist can help organisations to perform and stay relevant. It holds eight core theories that deal with orgtelligence; work; results; leadership; team dynamics; and intrapersonal wellbeing.
What is Orgamatics?
Orgamatics is an orgtology field of study. Through this, we use scientific method to create strategy and drive operational efficiency. In so, it is key to grasp organisational systems. This includes orgtelligence (systems intelligence & human intellect), work (processes & projects), and results (efficiency & effectiveness). The term blends the words, "organisation" and "mathematics". It denotes the mathematical construct of an organisation.
What is Organamics?
Organamics is an orgtology field of study. In this field, we study the effect that people dynamics have on organisations. People can be abstract, unpredictable, and innovative. In so, they create a dynamic that is hard to grasp. We call this the X-Factor. It creates intrapersonal relations, teamwork, and leadership. These dynamics can change the nature of an organisation. The term blends the words, "organisation" and "dynamics".
Cost
| Term | Definition |
|---|---|
| Cost | Cost is the monetary value that we use to produce a product or to deliver a service. In so, cost is a resource that we lose to create result. Cost includes the expense of people, money, and assets that we use to execute our strategy and implement our operations. In orgamatics, we measure cost in a cost hub. To grasp cost, we use a weighting system, in which we have a cost weight, a group cost weight, and an absolute cost weight.
General Description...In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production. More generalized in the field of economics, cost is a metric that is totaling up as a result of a process or as a differential for the result of a decision. Hence cost is the metric used in the standard modeling paradigm applied to economic processes. Costs (pl.) are often further described based on their timing or their applicability.
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