Electronic data interchange (EDI):
A) markedly reduces order processing paperwork.
B) is instrumental in the new-product development process.
C) is key to maintaining a product in the growth stage of its product life cycle.
D) typically leads to unnecessarily large inventories.
E) requires a direct computer link between buyer and seller and cannot be conducted via the Internet.

Question

Quizplus · Accepted Answer

EDI significantly reduces the paperwork involved in order processing by automating the exchange of data between companies, making transactions faster and more efficient.

Electronic Data Interchange (EDI)