Value Chain Integration for Goods-Producing Firms Requires Consolidating Information Systems

question 60

True/False

Value chain integration for goods-producing firms requires consolidating information systems among suppliers, factories, distributors, and customers; managing the supply chain and scheduling factories; and studying new ways to use technology.

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Definitions:

Return on Equity

A financial ratio representing the amount of net income returned as a percentage of shareholders equity, demonstrating a company's efficiency in generating profits.

Owner's Investment

The initial amount of money or assets an owner contributes to start or support the business.

Firm

Another term for a business or company, often used in legal contexts.

Times Interest Earned Ratio

A financial metric used to determine a company's ability to meet its debt obligations, calculated by dividing earnings before interest and taxes (EBIT) by interest expense.