Which of the Following Is a Consequence of an EDI

question 65

Multiple Choice

Which of the following is a consequence of an EDI system?

• A)Production costs are increased
• B)Most paperwork between suppliers, shippers, and the purchasing firm is eliminated
• C)It is difficult for suppliers, shippers, and the purchasing firm to communicate due to the complexity and slowness of the system
• D)Flexibility and responsiveness of the supply system is decreased
• E)the potential for industrial espionage increases

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Definitions:

Economic Theory

An organized set of concepts and principles that aims to explain how economies function and to provide a framework for economic policy decisions.

Anomaly

An anomaly refers to something that deviates from what is standard, normal, or expected, often presenting a challenge to conventional understanding.

Principle

A basic principle or statement that acts as the cornerstone for a belief system or behavior, or as the starting point for a sequence of logical arguments.

Hypothesis

A proposed explanation for a phenomenon, based on limited evidence as a starting point for further investigation.