Involves the broad range of tools and techniques used to conduct business in a paperless environment. Hence it comprises electronic data interchange, e-mail, electronic fund transfers, electronic publishing, image processing, electronic bulletin boards, shared databases and magnetic/optical data capture.

SUPPLY CHAIN MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Electronic Commerce
B	Electronic Data Interchange
C	Barcgode Scanning
D	Data Warehouse
E	Enterprise Resource Planning

Explanation:

Detailed explanation-1: -Electronic commerce involves the broad range of tools and techniques used to conduct business in a paperless environment.

Detailed explanation-2: -Such as Electronic Data Exchange (EDI), Bar Code, Radio Frequency Identification (RFID), Electronic Commerce, Decision Support system, Enterprises Resource Planning (ERP) packages, etc. All these are the main applications of IT in supply chain management.

Detailed explanation-3: -Voice communication allows real-time exchange of information between logistics operations and with clients. Text messages between logistics operations, dispatch managers and clients are also common. Email allows for the exchange of data between logistics operations and dispatch managers.

Detailed explanation-4: -The information and communications technology (ICT) supply chain is a globally-interconnected ecosystem that involves CT software, hardware, and services including suppliers, vendors, and contractors.

There is 1 question to complete.

ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT