The advantages of electronic data interchange are no longer limited to large companies, because even small firms can exchange and process data such as orders, invoices, and payments using
A) groupware.
B) an extranet.
C) spreadsheet software.
D) integrated software suites.

Question

Quizplus · Accepted Answer

Electronic data interchange (EDI) can be achieved using an extranet, which is a private network that uses the same technology as the internet to securely share business information with selected external parties. This option is cost-effective and accessible for small firms, which can benefit from greater efficiency, accuracy, and speed in their transactions with customers and suppliers. Groupware and spreadsheet software may be useful for internal collaboration and data analysis, but they do not provide the same level of automation and integration as EDI. Integrated software suites can offer some EDI capabilities, but they may be more complex and expensive than necessary for small businesses.

The Advantages of Electronic Data Interchange Are No Longer Limited