Question

Modern technology of electronic data interchange (EDI) is helpful to managers because it ensures that a purchase order is transmitted quickly and accurately to suppliers with minimum paperwork and costs. True or False?

Answer 1

The statement is true. EDI ensures the quick and accurate transmission of purchase orders to suppliers, reducing paperwork and costs.

Step-by-step explanation:

The statement is true. Modern technology of electronic data interchange (EDI) is helpful to managers because it ensures that a purchase order is transmitted quickly and accurately to suppliers with minimum paperwork and costs. EDI allows for the swift exchange of data between different computer systems, eliminating the need for paper-based communication and reducing errors that can occur through manual data entry. By using standardized electronic formats, EDI streamlines the procurement process, improving efficiency and reducing costs.