The Computer-To-Computer Transfer of Business Documents from a Retailer to a Vendor

question 122

Multiple Choice

The computer-to-computer transfer of business documents from a retailer to a vendor and back is called a(n) :

• A)quick-response system.
• B)electronic data interchange.
• C)data warehouse.
• D)just-in-time transfer.
• E)enterprise resource system.

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Definitions:

Shelf Life

The length of time for which an item remains usable, fit for consumption, or saleable.

Storage

The act of keeping or placing goods or data in a designated space for future use or retrieval.

Small Business

A business is generally considered small if it is independently owned, operated, and financed; has fewer than 100 employees; and has relatively little impact on its industry.

Purchasing Priority

The practice of prioritizing procurement activities based on factors such as urgency, price, or importance to the business.