BEC MCQ 4.4

Question 1

EDI Is best described as

Answer 1

Computer to computer transactions for direct processing. B2B commerce websites make purchase decisions faster simpler and more cost effective because companies can do more research and transact business with many vendors. There is very less opportunity for human error
EDI requires that companies have a prior releationship The assertion that EDI does not require a previously established relationship is not true.
Advancement in technologies have produced decreased tramission cost of EDI
EDI requires standard format for all transactions

Question 2

CRM

Answer 2

CRM system provide sales force automation and customer services. CRM system record manage, customer contacts, manage salespeople, forecast sales, and sales target and goals, manage sales leads and potential sales leads, and potential sales leads, provide and manage online quotes and product specifications and pricing and analyze sales data.

Question 3

Electronic check presentment

Answer 3

would be used for making payments and would not do anything with regard to placing orders

Question 4

Automated clearing house

Answer 4

will help with automated clearing of checks

Question 5

E cash

Answer 5

E cash is a currency in an electronic form that moves outside the normal channels of money.