Question

Refer to Fishy Business. In the future, suppliers of fresh fish will be able to use electronic bar codes to verify the fish species for members of the supply chain. This information can be incorporated into the information technology used in the inventory management and control business process. This information technology is called:______.
a) avtivity-based costing
b) benchmarking
c) electronic data interchange
d) procurement
e) materials-handling system

Answer 1

Answer:

c) Electronic Data Interchange

Explanation:

Based on the scenario being described within the question it can be said that this information technology is called Electronic Data Interchange or EDI for short. This technology allows one company to send large sets of data/information to another company electronically as opposed to other physical delivery methods of communication. Which in this case the electronic method that will be used are electronic bar codes.

Answer 2

Answer:

Electronic data interchange

Explanation:

Electronic data interchange (EDI) is the transfer of business documents such as orders, delivery slips and invoices from one computer to another computer, business documents are transferred in a standard format(e.g integer, decimal, mmddy) from one company to another company which is commonly referred to as business partners or trading partners.

The advantages of EDI include:

1) It makes processes more simpler and thereby lowers costs.

2) It makes business processes move at faster rate.

3) Coordinated processes helps to improve the relationship among business partners.

4) It involves high data quality that does not need manual intervention and media disturbances.