Which of the Following Is a Consequence of an EDI

question 35

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.

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Definitions:

Precommitments

Binding agreements made in advance to restrict future actions or decisions, often used in behavioral economics to help individuals stick to long-term goals.

Time Inconsistency

The tendency of a person or entity to change their planned course of action over time due to a change in preferences.

Self-Control Problems

Self-control problems refer to the difficulty individuals face in resisting short-term temptations in order to achieve long-term goals.