_____ is a Web-based system that enables all types of organizations to improve the efficiency of their bidding and purchasing processes.

Question

Quizplus · Accepted Answer

E-procurement is a web-based system specifically designed to enhance the efficiency of purchasing and bidding processes for all types of organizations. Private exchange is a platform that connects companies with their business partners, while electronic data interchange (EDI) is a computer-to-computer exchange of business documents in a standard electronic format. Extranet is a secure network that allows organizations to communicate and share information with select external parties, such as suppliers or customers.

_____ Is a Web-Based System That Enables All Types of Organizations