The Use of Information Technology to Control Machinery Is Called

question 2

Short Answer

The use of information technology to control machinery is called ________.

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Definitions:

Exclusive Territories

Areas or regions where a distributor or sales agent is given the sole rights to sell a company's product, preventing competition within that territory.

Vertical Contracts

Agreements between companies at different levels in the supply chain, such as between a manufacturer and a retailer, aiming to increase efficiencies and reduce costs.

Costly Activities

Actions or endeavors that require significant expenditures of resources, such as money, time, or effort.

Supply Chain

A system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.