Question

Trade Tools Manufacturing (TTM) transforms resource inputs from the environment such as wood and steel into product outputs such as Rakes and Plows. TTM can be described as a(n):

A. Corporate networkers
B. Closed system
C. Service organization
D. Mixed system
E. Open system

Answer 1

Trade Tools Manufacturing (TTM) can be described as an open system because it transforms resource inputs from the environment into product outputs.

Step-by-step explanation:

The correct answer is E. Open system.

A trade tools manufacturing firm like TTM is an open system because it transforms resource inputs from the environment into product outputs. It interacts with its environment by taking inputs, such as wood and steel, and converting them into rakes and plows. It also interacts with the market by selling its products.

In contrast, a closed system does not interact with its environment, while a service organization primarily focuses on providing services rather than transforming tangible resources. Additionally, a mixed system typically combines characteristics of both open and closed systems.