Techniques Organisations Utilise to Exchange Standard Business Transaction Documents, Such

question 61

Multiple Choice

Techniques organisations utilise to exchange standard business transaction documents, such as invoices or purchase orders, are called _________.

• A)extranets
• B)teleconferencing
• C)electronic data interchange
• D)intranets

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Definitions:

Milk Runs

A logistics term for a round trip that facilitates either distribution or collection, aiming to maximize efficiency and reduce transportation costs.

LTL Carrier

A logistics service provider that transports smaller shipments not requiring a full truckload, often combining cargo from multiple customers.

Package Carrier

A company or service that specializes in the transport and delivery of parcels and packages.

Private Fleet

A company-owned collection of vehicles used to transport goods, as opposed to hiring external transportation services.