Applications Such as ANSI (X12) and EDIFACT Are Referred to as Transaction

question 99

True/False

Applications such as ANSI (X12) and EDIFACT are referred to as transaction software.

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Definitions:

Costly Activities

tasks or operations that require a high expenditure of resources, such as time, money, or labor.

New Product

A good, service, or idea that has not previously been brought to the market by its seller.

Tying

A sales practice where a seller requires the purchase of a second product or service together with the first.

Price Regulation

Price regulation involves the imposition of controls by a government or regulatory body on the amount charged for goods and services, often to protect consumers.