Question

____________ systems are utilized by large companies for the efficient procurement of products by facilitating the exchange documents with established and authorized vendors.A) EFTB) E-commerceC) EDID) E-procurement

Answer 1

B) E-commerce

Step-by-step explanation:

E-commerce is a method by which buying and selling of products occurs electronically over the internet.

This is the most convenient way for large companies for the efficient procurement of products by facilitating the exchange documents with established and authorized vendors.

Technologies such as internet marketing, online transaction processing, electronic funds transfer, and supply chain management are used to ease large transactions by companies.