_____________ Systems Use the Internet to Automate and Manage Vendors

question 49

Multiple Choice

_____________ systems use the Internet to automate and manage vendors and purchases with the predominate technology being electronic data interchange (EDI) .

• A)Customer relationship management
• B)Buy-side
• C)Sell-side
• D)E-business

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Definitions:

Rational Investor

An individual who makes decisions based on thoughtful consideration of expected outcomes, aiming for the maximization of utility or profit.

Interest Rate

The proportion of interest a borrower is charged for using funds borrowed from a lender.

Asset

Resources owned by individuals or businesses capable of generating future economic benefits.

Rational Investor

An individual who makes investment decisions based on logical analysis and evidence to achieve an optimum level of benefit or utility.