To determine the type of system under which the Utility Stores Corporation of Pakistan operates, we must analyze the characteristics of the options provided:

1. **Command System**: This system is characterized by central control where decisions are made by a governmental authority. Economic resources are allocated according to a plan.

2. **Market System**: In this system, decisions regarding production and investment are driven by consumer demand and the price mechanism. It emphasizes free market principles.

3. **Open System**: An open system interacts with its environment, adapting to external factors and changes. This is more of a theoretical framework than a specific economic system.

4. **Closed System**: A closed system is largely self-contained and does not engage with outside influences, focusing instead on internal operations.

Given that the Utility Stores Corporation of Pakistan is a government entity aimed at providing subsidized goods, it suggests a level of central control over operations and pricing, indicative of a **Command System**. Thus, the most appropriate answer is:

### Final Answer
a. Command system

Question

To determine the type of system under which the Utility Stores Corporation of Pakistan operates, we must analyze the characteristics of the options provided:

1. **Command System**: This system is characterized by central control where decisions are made by a governmental authority. Economic resources are allocated according to a plan.

2. **Market System**: In this system, decisions regarding production and investment are driven by consumer demand and the price mechanism. It emphasizes free market principles.

3. **Open System**: An open system interacts with its environment, adapting to external factors and changes. This is more of a theoretical framework than a specific economic system.

4. **Closed System**: A closed system is largely self-contained and does not engage with outside influences, focusing instead on internal operations.

Given that the Utility Stores Corporation of Pakistan is a government entity aimed at providing subsidized goods, it suggests a level of central control over operations and pricing, indicative of a **Command System**. Thus, the most appropriate answer is:

### Final Answer
a. Command system

Knowee AI · Accepted Answer

To determine the type of system under which the Utility Stores Corporation of Pakistan operates, we must analyze the characteristics of the options provided:

1. **Command System**: This system is characterized by central control where decisions are made by a governmental authority. Economic resources are allocated according to a plan.

2. **Market System**: In this system, decisions regarding production and investment are driven by consumer demand and the price mechanism. It emphasizes free market principles.

3. **Open System**: An open system interacts with its environment, adapting to external factors and changes. This is more of a theoretical framework than a specific economic system.

4. **Closed System**: A closed system is largely self-contained and does not engage with outside influences, focusing instead on internal operations.

Given that the Utility Stores Corporation of Pakistan is a government entity aimed at providing subsidized goods, it suggests a level of central control over operations and pricing, indicative of a **Command System**. Thus, the most appropriate answer is:

### Final Answer
a. Command system

Utility Stores Corporation of Pakistan works under the system ofQuestion 5Answera.Command systemb.market systemc.open systemd.close system

Question

Utility Stores Corporation of Pakistan works under the system of

Solution

Final Answer

Similar Questions

Upgrade your grade with Knowee