2 years ago

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

Business

1 answer:

Margarita [4]2 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.

You might be interested in

6. A zero coupon bond with 2.5 years to maturity has a yield to maturity of 25% per annum. A 3-year maturity annual-pay coupon b

kari74 [83]

Ahaha s we. S s s s s s s s s. S ss

3 0

2 years ago

The projections for a new project show sales of 8,500 units, give or take 5 percent. The expected variable cost per unit is $28.

vitfil [10]

Answer:

$56,950

Explanation:

We will calculate the operating cash flow as follow;

OCF = {[($55 - $28.62) 8,500 ] - $170,000} × (1 - 0.35) + ($62,000 × 0.35)

= {[$224,230] - $170,000} × 0.65 + ($21,700)

= $35,249.5 + $21,700

= $56,950

Therefore, the operating cash flow is $56,950

8 0

2 years ago

Industry-level strategy is a corporate strategy that addresses the question "how should we compete against a particular firm in

Alik [6]

The answer is false.

8 0

2 years ago

"All three levels are required to run an organization or a business smoothy"Justify the statement.

Reika [66]

Answer:

"All three levels are required to run an organization or a business " according to my point of view it is true without anyone levels (sector) business or organization not imagine to run

5 0

2 years ago

reported net income of $22,000 for the current year. During the year, Inventory decreased by $7,800, Accounts Payable decreased

Artist 52 [7]

Answer:

$24,800

Explanation:

Indirect method reconciles the Net Income to Operating Cash flow by adjusting for non -cash items previously included in net income and changes in working capital.

Cash flow from Operating Activities

Net income $22,000

Add Depreciation Expense $10,800

Less gain on the sale of equipment was ($500)

Decrease in Inventory $7,800

Decrease in Accounts Payable ($8,400)

Increase in Accounts Receivable ($6,900)

net cash provided operating activities $24,800

Therefore

The net cash provided (used) by operating activities is $24,800

4 0

2 years ago