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finlep [7]
3 years ago
5

For years Print and Copy, a copier machine supplier, enjoyed strong sales and a huge share of the copier market, far ahead of it

s nearest competitor. However, over the years, Print and Copy seldom asked customers for feedback. So when some of Print and Copy's competition responded to customers' needs and started offering copiers with new features (such as wireless printing from laptop and tablet computers), Print and Copy lost much of its market share. Print and Copy's system is best described as____________.A. open.B. entropicC. isolated.D. closed.E. internal.
Business
1 answer:
anzhelika [568]3 years ago
4 0

Answer:

<h2>The answer, in this case,would be option D. given in the answer choice or closed.</h2>

Explanation:

  • A closed system strategy basically signifies a confined and a non transparent business strategy which is characterized by a limited interaction between the concerned company or business organizations and its customers.
  • Under the closed system, the companies or business organizations often stick to their traditional or conventional products and services and are usually not open or receptive to contemporary and recent market trends and patterns adopted by their competitors.
  • In this case, Print and Copy mostly relies on their selling existing product lines which have traditionally yielded higher revenue and consolidated company's market share in the industry in comparison to its market competitors. It also doesn't depend much on product modification based on respective customer feedback and reviews to enhance customer satisfaction and market goodwill or reputation,thereby,exhibiting infrequent and limited business and customer interaction.
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The answer to the question stated above is letter A.

.The major activities of the Planning Section include: Preparing and documenting Incident Action Plans.
ADDITIONAL INFORMATION ABOUT PLANNING SECTION
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4 0
3 years ago
Read 2 more answers
________ are designed to stimulate thought about entrepreneurs' understanding and feelings as they progress through the entrepre
Fed [463]

Answer:

Reflection activities/tasks  

Explanation:

Reflection activities are tasks that makes  entrepreneurs  look back over what or how they have learned as they progress through the entrepreneurial process. Reflection tasks  often assess metacognitive skills, it helps entrepreneurs to arouse their thinking towards taking conscious actions that will improve their decisions.

 

4 0
3 years ago
According to the philosopher Immanuel Kant, the right of employees to know the nature of the job they are being hired to do and
ale4655 [162]

Answer: Free consent

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According to the given question, in an organization the employees has the rights for knowing the job nature and this scenario reflect the basic right of free consent.

 As, the free consent is basically refers to the legal term which is used for describing about the agreement between the two parties including all the terms and the conditions according to the section 13.

In the free consent agreement both the parties must be agree on all the conditions. Therefore, Free consent is the correct answer.

 

5 0
3 years ago
A company's net sales were $676,600, its cost of goods sold was $236,810 and its net income was $33,750. Its gross margin ratio
algol13

Answer:

13.01%

Explanation:

Gross Margin Ratio = \frac{Net Sales - Cost of Goods Sold}{Net Income}

Gross Margin Ratio = \frac{676,000 - 236,810}{33,750}

Gross Margin Ratio = \frac{439,190}{33,750}

Gross Margin Ratio = 13.01%

Gross Profit Margin is represented as (Percentage) %. Now, the Gross profit margin is really worth investigating. It not only helps when comparing Gross Profit Margin with competitors but is also helpful in investigating and comparing previous year's Gross Profit Margin. If the Gross Profit Margin fallen there could be number of reasons for this, one might be the cost of goods sold has gone up. On contrary, on the other hand the increase in Gross Profit Margin might be because of increase in selling prices.

7 0
3 years ago
Which of the following is not possible?a. Demand is elastic, and a decrease in price causes an increase in revenue.b. Demand is
bekas [8.4K]

Answer:

b. Demand is unit elastic, and a decrease in price causes an increase in revenue

Explanation:

According tothe revenue theory in economics

when the demand is inelastic the relationship within price and total revenue is direct. either both increases or decreases

when the demand is elastin this relationship is inverve, teh increase in price generates a decrease in total revenue

while their decrease an increase.

But, if the demand is unit elastic then, there is no variation at all

According to this theory, option B is impossible.

8 0
3 years ago
Read 2 more answers
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