XBC Inc. is a utility monopoly. Since it does not have competitors,XBC has had little incentive to change the way it does business. This has caused XBC to become out of sync with customers who wish to receive more automated information such as online account information and internet billing. Which system best describes how XBC operates?
A)covert system
B)closed system
C)synergistic subsystem
D)open system

Question

XBC Inc. is a utility monopoly. Since it does not have competitors,XBC has had little incentive to change the way it does business. This has caused XBC to become out of sync with customers who wish to receive more automated information such as online account information and internet billing. Which system best describes how XBC operates?
A)covert system  
B)closed system  
C)synergistic subsystem  
D)open system

Quizplus · Accepted Answer

A closed system is a system that is self-contained and has limited interaction with its external environment. XBC, as a monopoly, has little incentive to change its business practices and is not open to external feedback or new ideas. Therefore, it operates as a closed system.

XBC Inc Is a Utility Monopoly