Norske Skog is a global supplier of publication paper with mills and sales offices on five continents. The Norwegian company's core business is newsprint and magazine paper for its 2,300 customers worldwide. It has a partnership with many of its customers and develops special paper grades in co-operation with its customers. Sarah DeJohn, its chief executive, announced the company would be downsizing in 2003 due to falling demand for paper. (Demand for publication paper is affected by economic activity in the market and printed media advertising revenue.)
-Since sales of consumer magazines have declined, sales of Norske Skog's publication papers have also declined. Demand for publication paper is:
A) iselastic.
B) highly predictable.
C) derived.
D) consistent.
E) mature.
Correct Answer:
Verified
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