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Why Are Large as Well as Small and Medium-Size Corporations

Question 7

Multiple Choice

Why are large as well as small and medium-size corporations considered as open systems?


A) Because their physical locations do not have fences.
B) Because they have open-air facilities.
C) Because they interact with their external environment from which they receive inputs that they later transform into outputs sold to customers.
D) Because they have strong bargaining power over their suppliers and customers.

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