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Management · Q46

Management Information System (MIS)

Graduate and Post Graduate · Management · question 46

Q46

The direct, computer to computer exchange of standardized, common business transaction documents between business partners, suppliers, and customers is ______________.

A.
EDI
Answer
B.
ES
C.
EIS
D.
ERP

Answer: Option A

Solution

Answer: Option A
Solution:
The direct, computer to computer exchange of standardized, common business transaction documents between business partners, suppliers, and customers is EDI. Electronic Data Interchange, is a technology that helps trading partners and organizations get more done, speed up logistics timelines and eliminate manual errors by automating business-to-business (B2B) communications.