What Was the Major Reason for EDI to Move from Traditionally

question 13

Essay

What was the major reason for EDI to move from traditionally using value-added networks to using the web as a platform?

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Definitions:

World's Population

The World's Population refers to the total number of people living on Earth at a given time.

BRIC Countries

An acronym for Brazil, Russia, India, and China, which are four major emerging national economies known for their significant growth and industrial potential.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by Gross Domestic Product (GDP).

Greenfield Investment

Direct investment in new facilities or the expansion of an existing facility in a foreign country, starting from scratch.