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Consider the following computer applications: (1) At a catalog sales firm,as phone orders are entered into their computer,both inventory and credit are immediately checked.
(2) A manufacturer's computer sends the coming week's production schedule and parts orders to a supplier's computer.
Which statement below is true for these applications?
Manufacturing
The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications.
Services
Intangible products such as accounting, banking, cleaning, consultancy, education, insurance, expertise, medical treatment, or transportation.
Brain Drain
Refers to the emigration of highly skilled or qualified people from a particular country or region to another, often for better pay or conditions.
Developing Countries
Nations with a lower level of industrialization, a lower standard of living, and often a lower Human Development Index (HDI) compared to developed countries.
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