Question

In the context of supply chain management (SCM) technologies, _____ enables business partners to send and receive information on business transactions.
a. direct digital synthesis
b. a local positioning system
c. a global positioning system
d. electronic data interchange

Answer 1

Answer: (D) Electronic data interchange

Explanation:

The electronic data exchange is one of the technique that helps in interchanging the data and the business information from one organization to another in electronically form.

By using this concept we can easily and fastly share the information or data in an organization. The electronic data exchange method enables the business partners for sending ad receiving the data on the business transaction.    

 There are various types of benefits of using the electronic data exchange method are as follows:

• By using the electron data exchange we fastly communicate and sharing the data or any type of business information from one organization to another fastly.
• It reduce the use of paper and also the expenses.
• It also improve the turn around time and provide the high quality of the information.