Ordering and Purchasing Components, Which Was Once a Cumbersome, Time-

question 19

Multiple Choice

Ordering and purchasing components, which was once a cumbersome, time- consuming process, is now done by _________________, reducing the time involved
In such transactions from weeks to days and eliminating a considerable amount of
Paperwork.

• A) Electronic Data Systems (EDS)
• B) Purchasing International Network (PIN)
• C) Electronic Data Interchange (EDI)
• D) Global Buying Network (GBN)
• E) Internet Buying Network (IBN)

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Definitions:

Joint Evolution

The process by which two or more species evolve in response to each other, influencing each other’s evolutionary pathway.

Binary Influence

A concept that deals with dualistic effects or the impact of two different forces or factors in a given situation.

Genetics

The branch of biology that studies genes, genetic variation, and the inheritance of characteristics in biological organisms.

Future Course of Development

Refers to the anticipated progression or advancement in a specific area, often used in planning or forecasting.