A Business Benefit of APIs Is That They Are Channels

question 83

True/False

A business benefit of APIs is that they are channels to new customers and markets.

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Definitions:

Channel Assembly

A process in supply chain management where a product is assembled at the point of distribution or at the retailer rather than at the manufacturing facility.

Effective Management

Practices and techniques that lead to achieving desired results through efficient use of resources and team coordination.

Bullwhip Effect

A phenomenon where inaccurate or distorted information in a supply chain causes overreaction and variability in orders, often leading to inefficiency and excess inventory.

Weighted Total

A calculated total in which different components are given different levels of importance or weight, often used in assessments or decision-making processes.