Question
Explain the following questions. 1. Compare and contrast electronic commerce (EC), electronic data interchange (EDI), electronic funds transfer (EFT), and nancial EDI (FEDI). 2. What
Explain the following questions.
1.Compare and contrast electronic commerce (EC), electronic data interchange (EDI), electronic funds transfer (EFT), and nancial EDI (FEDI).
2.What is the purpose of establishing a line of credit for an account? What are the benets of this arrangement?
3.Explain how efcient inventory management affects the liquidity and protability of the rm.
4.How can the rm reduce its investment in inventories? What costs might the rm incur from a policy of very low inventory investment?
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
