The Intercompany, Computer-To-Computer Transfer of Business Documents in a Standard

question 78

Multiple Choice

The intercompany, computer-to-computer transfer of business documents in a standard business format is called:

• A)E-business
• B)E-commerce
• C)Local area network
• D)Electronic data interchange

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Definitions:

Master Franchise Arrangement

A type of franchise agreement where the master franchisee has the exclusive rights to develop a brand in a particular territory, sub-franchising to others.

Joint Ventures

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task, often with both sharing in the profits and risks.

Unfair Regulation

Imposed rules or laws considered unjust and detrimental to specific groups or entities.

Intellectual Property

Legal rights protecting creations of the mind, such as inventions, literary and artistic works, designs, and symbols.