A Large Pharmaceutical Firm Called DrugCo,uses a Network That Allows

question 51

Short Answer

A large pharmaceutical firm called DrugCo,uses a network that allows approved suppliers to check its inventory of chemicals,and supplies so that they can predict when DrugCo will need future shipments to replenish their inventory.Most likely,this network is an example of a (n)___________.

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Definitions:

Inventories

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process.

Parent Entity

A company that has control over one or more subsidiaries.

Company Tax Rate

The rate at which a company’s taxable income is taxed by the government, which varies by country and sometimes also by the type and size of the company.

Inventories

Goods owned with the intention to sell them through standard business activities, in the stage of being made for sale, or as parts or materials meant for consumption in production activities or while offering services.