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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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At the end of a recent​ year, Anderson Cleaning​ Service, a​ full-service house and office cleaning​ service, had total assets o
marysya [2.9K]

Answer:

Anderson Cleaning​ Service's liabilities were $2,160

Explanation:

Basing on accounting equation:

Total asset = Liabilities + Owner's (or Stockholders') Equity

Liabilities = Total asset - Owner's (or Stockholders') Equity

At the end of a recent​ year, Anderson Cleaning​ Service had total assets of $5,810 and equity of $3,650

Anderson Cleaning​ Service's liabilities = Total asset - Equity  = $5,810 - $3,650 = $2,160

7 0
3 years ago
performance management requires knowing what activities and outputs are desired, observing whether they occur, and providing fee
mina [271]

The above statement is true.

  • An ongoing, continuous process of articulating and outlining work obligations, priorities, performance standards, and development plans that maximize performance and support organizational objectives.
  • The process of ensuring that a set of actions and outputs achieves the objectives of an organization effectively and efficiently is known as performance management. Performance management can be used to evaluate an employee, a department, a whole business, or the systems in place to handle certain tasks.
  • The performance management cycle is a smaller, continuous four-step process that uses planning, monitoring, reviewing, and rewarding as part of the performance management process or strategy.
  • Performance reviews, key performance indicators (KPIs), and management dashboards are a few examples of performance management procedures or instruments. Performance management is essentially what businesses undertake to increase their success and keep a step ahead of the competition.

Thus this is the meaning of performance management.

To learn more about performance management, refer: brainly.com/question/14506325

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5 0
1 year ago
Utopia Corporation provides $6,000 worth of lawn care on account during the month. Experience suggests that about 3% of net cred
photoshop1234 [79]

Answer:

The answer is C.

Explanation:

Credit sales is $6,000

Bad debt is 3% of net credit sales which is $180($6,000 x3%)

Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.

According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.

So we have have:

Dr Bad debt expense $180

Cr Allowance for Doubtful Accounts $180

6 0
3 years ago
Dawn is selecting an alternative processing facility for her organization's primary data center. she would like to have a facili
Iteru [2.4K]

The best option in the situation of Dawn is to chose a primary site, for it will be able to provide her the alternative she needs in her facility and organization’s primary data center as this allows multiple servers and network allocation that is needed by them.

5 0
3 years ago
The United States and many other countries often impose trade sanctions on other countries. These sanctions A. tend to decrease
Pavel [41]

Answer:

The correct answer is option D.

Explanation:

Sanctions can be defined as penalty levied on other countries or citizens of other countries. There are a number of trade sanctions such as

  1. Tariffs
  2. Quotas
  3. Non-tariff barriers
  4. Embargoes

These trade sanctions affect both the sanctioning country as well as the sanctioned country. The imposition of trade sanctions on a country affects exports of the country. As the producers are able to supply less, there will be a reduction in producer surplus.

The imports for the consumers in the sanctioning country will decline. There will be less choice for them. This will cause a reduction in consumer surplus.

6 0
3 years ago
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