According to the Text,which Is the System That Allows Suppliers,shippers,and

question 14

Multiple Choice

According to the text,which is the system that allows suppliers,shippers,and the purchasing firm to communicate with each other with no time delay,thus increasing the flexibility and responsiveness of the whole global supply system?

• A)Electronic data interchange
• B)Electronic data intelligence
• C)Elastic data interchange
• D)Elastic demographic interchange

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Definitions:

Traceable Fixed Expense

A fixed cost that can be directly linked to a specific business segment or department.

Net Operating Income

The total profit of a company after all operating expenses, excluding interest and taxes, have been deducted from revenues.

Price Hike

A price hike refers to an increase in the price of goods or services, often due to factors such as increased production costs or higher demand.

Sales Forecast

An estimate of the sales volumes, and often revenues, that a company expects to achieve within a specific period.