Question

Future market, a supermarket chain, uses bar codes for all its products. as soon as a product is sold, the information is electronically transferred to the firm's warehouse and the product's supplier. in addition, changes are automatically made to the firm's sales account and stock ledger. this helps the firm reduce its paperwork and makes managing inventory easier. this is an example of

Answer 1

This is an example of ELECTRONIC DATA INTERCHANGE. Electronic data interchange refers to the electronic interchange of business data between two or more companies using electronic format which allow them to send the necessary information electronically instead of using papers.