Which of the Following Statements About EDI Is Not True

question 79

Multiple Choice

Which of the following statements about EDI is not true?

• A)Each major industry in the United States has EDI standards.
• B)Today,EDI is only used for document automation.
• C)Many organizations still use private networks for EDI.
• D)EDI systems are increasingly web-enabled.
• E)About 80 percent of online B2B e-commerce is still based on EDI.

---

Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded.

Senior Discount

A reduction in the price of goods, services, or commodities offered to elderly individuals, typically those who are 65 or older.

Indirect Price Discrimination

A pricing strategy where the price variance does not directly relate to cost differences but is based on different consumer groups' ability or willingness to pay.

Willingness To Pay

The maximum amount an individual is prepared to spend to procure a good or service, reflecting its perceived value to them.