_________Enables Customers and Suppliers to Electronically Exchange Transaction Information Such

question 3

Multiple Choice

_________enables customers and suppliers to electronically exchange transaction information such as purchase orders, invoices, and material requirements planning information.

• A) The Internet
• B) Electronic data interchange
• C) Vendor- managed inventory
• D) Supplier responsiveness

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Definitions:

Stock Bonus Plan

A form of compensation given to employees, offering them shares in the company as part of their remuneration package.

Stock Gainsharing Plan

A compensation program where employees receive benefits based on the company's stock performance, usually in addition to their regular salaries.

Guaranteed Pay

Compensation that an employee can count on receiving, typically a fixed annual amount, regardless of performance or company profits.

Salary and Commission

A compensation structure that combines a fixed salary with performance-based commissions, often used in sales jobs.