Practice free →
HomeBBA OperationsOperations ManagementAchieving World-Class Operations Management › Two trading partners exchange information electr…

Two trading partners exchange information electronically over a linked system or the internet. What is this called?

AValue-stream mapping between the partners
BCellular manufacturing between the partners
CA reverse auction between the two partners
DElectronic data interchange between partners
Answer & Solution
Correct answer: D. Electronic data interchange between partners
1. Electronic data interchange is the electronic exchange of information between two trading partners. 2. It can be conducted through a linked computer system or over the internet. 3. It plays a critical role in efforts to produce and distribute vehicles and other goods worldwide. _Source: OpenStax Introduction to Business (CC BY 4.0), Ch 10 "Achieving World-Class Operations Management", section E-Procurement, Electronic Data Interchange, and Blockchain_
Solve this in the app — BBA Operations practice & 24k+ MCQs →
Related questions