Electronic Data Interchange (EDI) Is Based Upon Which of the Following

question 28

Multiple Choice

Electronic data interchange (EDI) is based upon which of the following key variables?

• A) openness of the system
• B) transport method
• C) type of technology used for implementation
• D) all of the above

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Definitions:

Macroeconomics

The branch of economics dealing with the structure, performance, behavior, and decision-making of an economy as a whole, rather than individual markets.

Microeconomics

The branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources.

Margin

The difference between the selling price of a product or service and its production or acquisition costs, often expressed as a percentage of the selling price.