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Johan Owns an Oil-Change Business Called Oil Only

question 120

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Johan owns an oil-change business called Oil Only.He changes oil in cars-and that is all he does.What kind of retail business is this?


Definitions:

Market Demand

The total volume of a product or service that consumers in a defined market are willing and able to purchase at various prices during a specified period.

Information Technologies

Systems and tools designed for acquiring, processing, storing, and disseminating various kinds of data and information, playing a critical role in modern organizational and societal operations.

Network Organization

An organizational structure emphasizing less hierarchical, more flexible, and interconnected arrangements, often through the use of technology.

Innovation

The process of creating new ideas, products, or methods that bring improvement or address specific challenges.

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