Electronic Data Interchange (EDI) Allows ________

question 88

Multiple Choice

Electronic data interchange (EDI) allows ________.

• A) organizations to request RFPs from potential vendors
• B) customer computers to communicate directly with supplier computers
• C) computers to fulfill the functions of a buying center on a virtual network
• D) customers to determine the real cost of a purchase through a set of computer metrics
• E) organizations to maintain a more personal relationship with customers through e-mail

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Definitions:

Sellers

Individuals or entities that offer goods or services for sale to consumers or other businesses.

Smart Cards

Portable memory cards with embedded integrated circuits that are capable of processing and storing data, and securely managing, transferring, and communicating information.

Magnetic Stripe

A strip of magnetic tape used to store data, commonly found on the back of cards such as credit and debit cards, allowing them to be read by swiping through a magnetic reading device.

Backward Compatibility

The ability of a system or technology to work with older legacy systems, or accept input designed for an older system.