A Disadvantage of Electronic Data Interchange (EDI)is That It ________

question 106

Multiple Choice

A disadvantage of electronic data interchange (EDI) is that it ________.

• A)increases the time required for a product to reach the end customer
• B)fails to build trust among the partners in a supply chain
• C)tends to lock partners into their relationship
• D)is not always reliable and may result in wastage of goods

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Definitions:

Progressive Tax

A tax system where the tax rate increases as the taxable amount or income increases, placing a higher relative burden on wealthier individuals.

Regressive Tax

A tax system designed so that the rate of tax reduces as the taxable income rises.

Consumer Groups

Organizations that advocate for the rights and interests of consumers by providing education, policy advocacy, and products or services testing.

Sales Tax

A tax imposed by a government on sales of goods and services, collected by the retailer and passed on to the government.