Pharmaceutical Industry

Compounding is part of the first industrial revolution, while manufacturing is part of the fourth industrial revolution.

Compounding involves preparing personalized medications based on a prescription, while manufacturing involves large-scale production of standardized medications. (correct)

Compounding involves selling directly to consumers, while manufacturing involves selling through wholesalers.

Compounding utilizes cyber-physical systems, while manufacturing utilizes electronic and IT systems.

Selling through retailers involves personalized medications, while selling through wholesalers involves standardized medications.

Selling through retailers is part of the third industrial revolution, while selling through wholesalers is part of the second industrial revolution.

Selling through retailers utilizes cyber-physical systems, while selling through wholesalers utilizes electronic and IT systems.

Selling through retailers involves selling directly to the end consumer, while selling through wholesalers involves an additional intermediary. (correct)

Utilization of electronic and IT systems that further automate production.

Introduction of mechanical production facilities with the help of water and steam power.

Introduction of a division of labor and mass production with the help of electrical energy. (correct)

Introduction of cyber-physical systems for production.

<p>Introduction of mechanical production facilities with the help of water and steam power.</p> Signup and view all the answers

<p>Use of cyber-physical systems.</p> Signup and view all the answers