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joja [24]
3 years ago
7

A business firm's interaction with the environment is a characteristic of an open system true or false

Business
1 answer:
Margarita [4]3 years ago
6 0

Answer:

True

Explanation:

An organization that works as an open system interacts with its environment in order to grow and continuously renew itself. This type of organization continuously receives inflows and feedback from the environment, while producing outflows into the environment.

In order for an organization to survive in the long-run, it must continuously adapt, change and grow just as any living organism. This approach is basically the standard approach used by almost all modern organizations.

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What is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that ana
irakobra [83]

Answer:

The term is called "Business Intelligence"

Explanation:

In business intelligence we observe trends , patterns of customers , suppliers , partners in order to develop an understanding of market trends so that we can focus on pain points in order to improve them and on string areas so that we can invest more in order to increase our strength and profitability.

3 0
3 years ago
The profits of abc grocery have dropped significantly over the last several months. after investigating, the owner realizes that
Otrada [13]

The answer to the question is poor planning.

ABC grocery store’s profits have been dropping significantly due to the wrong direction that many departments of the stores are pursuing. It can be assumed that poor coordination and miscommunication causes these stores to work on targets that the owner actually does not prioritize. This is apparent from how the owner realized that she didn’t provide enough direction to the managers in regards to her expectations for how these stores should operate.

8 0
3 years ago
Scarbrough Corp. factored $600,000 of accounts receivable to Duff Corp. on October 1, year 2. Control was surrendered by Scarbro
skelet666 [1.2K]

Answer:

$538,685

Explanation:

Calculation to determine what Scarbrough will receive and record cash of

Receivables $600,000

Less: Amount of the hold back ($30,000)

($600,000 x 5%)

Less: Withheld as fee income ($18,000)

($600,000 x 3%)

Less: Withheld as interest expense ($13,315)

($600,000 × 15% × 54/365)

Cash $538,685

($600,000-$30,000-$18,000-$13,315)

Therefore Scarbrough will receive and record cash of $538,685

7 0
3 years ago
Task 1: An advertising technique that uses a new kind of technology to communicate its
Elenna [48]

Answer:

Task 1: Contextual Advertising

Task 2: Point of Sale Promotional Advertising technique

Task 3: Airborne Herbal supplement that claimed to have the keep germs and  bacteria to prevent common cold and flu

Explanation:

Task 1

Contextual advertising is a form of advertising that uses automated systems that references the identity and he content of the opened page to select and serve adverts on mobile platforms, websites and browsers, including on newly developed social media applications

AdSense is an example of contextual advertising

Task 2

Promotional marketing and advertisement are desirous to customers interested in buying more for less and includes 'deals', 'favorite items', and 'new arrivals'

Task 3

False advertising includes the making of insufficiently verified claims about products that can lead to being legally penalized

The effectiveness of Airborne to keep germs off germs away was being questioned by the Center for Science in Public Interest, due to the non existence of standard scientific studies to support the claim

6 0
3 years ago
Which type of data consists of objective responses that a business can measure for market research purposes?
Gre4nikov [31]

Answer: structured or quantitative

Explanation: i just took the test ( for PLATO users )

6 0
3 years ago
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