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1. Only a few high-tech businesses utilize EDI right now for their business transactions.
True False
2. A service that banks use to electronically manage their accounts with each other is called an authomated clearing house (ACH).
3. What is a benefit for businesses using EDI?
a. EDI transactions simplify many business processes. b. EDI eliminates paper forms. c. EDI can reduce costs for businesses. d. All of these.
4. Which of the following would a business view as being a disadvantage of joining a supply alliance
a. Increased efficiency
b. Development of long-term relationships with suppliers
c. Disclosure of detailed operating information
d. Reduced operating costs
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