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What is the difference between Electronic commerce and Electronic Data Interchange?
Wiki User
∙ 15y ago
Electronic Data Interchange pre-dates internet e-commerce. EDI facilitates e-commerce.
-Electronic commerce is the process of buying, selling, or exchanging products, services, or information via computer networks.
-electronic data interchange (EDI) is the electronic transfer of specially formatted standard business documents, such as bills, orders, and confirmations, sent between business partners that has pre-dated the internet. It's been around since the late 70's. EDI's are traditionally processed by Value Added Networks (VANs), which are private, third-party managed common carriers that also provide communications services and security.
- VANs can be expensive are relatively expensive and inflexible.
-Since the advent of the internet, corporations are using a combination of internet based EDI or web EDI, as a more affordable option. Recent studies have shown that Web-based EDI experience superior performance, both internally and externally.
- Recently most major retailors are requiring their suppliers to conduct business via regular or Web-based EDI. EDI services are provide by companies such as GXS (gxs.com) and sterling commerce (sterlingcommerce.com).
Wiki User
∙ 15y ago
Wiki User
∙ 11y agoi donot no u tell what is the answer of this ques
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What are the application of EDI?
Electronic Data Interchange is the computer to computer exchange of organizational documents in a standard electronic format between business partners. EDI can be used by different sectors such as industry, commerce, banks, insurance, transport, customs, etc. EDI presents many applications in industry and commerce. The main applications are bid, order, contract, delivery, shipment order and invoice, payment.
Difference between e-commerce and m-commerce?
E-Commerce is short for electronic commerce and refers to the field of marketing, buying, selling, distributing and servicing different products and/or services over the internet. It aims at using electronic business applications for the purpose of commercial transactions. E-Commerce is believed to have started off in 1994 when the first ever banner appeared on the internet but electric commerce not using the internet must have originated as far back as the 1970s when technologies such as Electronic Funds Transfer and Electric Data Interchange were being used. M-Commerce on the other hand stands for Mobile Commerce and refers to commercial transactions being conducted over cellular and mobile devices. M-Commerce originated sometime during the 1990s. The methods of payment used are normally calling numbers with premium rates, reduction of the caller's credit and charging the user's bill.
What is the difference between overpass and interchange?
Overpass have only one exit while interchange can have more than one exits.
Differences between edi and e-commerce?
Electronic Data Interchange pre-dates internet e-commerce. EDI facilitates e-commerce. -Electronic commerce is the process of buying, selling, or exchanging products, services, or information via computer networks. -electronic data interchange (EDI) is the electronic transfer of specially formatted standard business documents, such as bills, orders, and confirmations, sent between business partners that has pre-dated the internet. It's been around since the late 70's. EDI's are traditionally processed by Value Added Networks (VANs), which are private, third-party managed common carriers that also provide communications services and security. - VANs can be expensive are relatively expensive and inflexible. -Since the advent of the internet, corporations are using a combination of internet based EDI or web EDI, as a more affordable option. Recent studies have shown that Web-based EDI experience superior performance, both internally and externally. EDI is simply the exchange of data in text form between companies in a pre-defined (standardised) format. ie invoices etc. EDI commerce is electronic commerce that takes place between enterprises through the medium of EDI. Commerce is the exchange of items of value between persons or companies. Any exchange of money for a product, service, or information is considered a deal of commerce. I hope this helps, but it seems to me that the EDI data exchange of information of value would be considered as EDI Commerce.
What is the difference between an electronic organ and electronic piano?
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What is difference between e-commerce and commerce?
Capability to generate REVENUES for BUSINESS through INTERNET.
What is the meaning for the referral EDI?
EDI stands for Electronic Data Interchange which is the predecessor to electronic ecommerce and is a method for transferring data between computer systems or computer networks.
