How is EDI more than technology? What unique control problems may it pose?
EDI represents a unique business arrangement between the buyer and seller in which they agree, in advance, to the terms of their relationship on such items as selling price, quantities, delivery times, payment terms and methods of handling disputes. The terms of agreement are binding. One problem is ensuring that only valid transactions are processed. Another risk is that a non-trading partner will masquerade as a trading partner and access the firm's processing systems.
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A short-form merger does not require the approval of the board of directors of the subsidiary corporation
Indicate whether the statement is true or false
Risks to companies from natural disasters and communicable diseases are ________
A) evenly distributed around the world B) more complicated today because of publicity C) a minor issue to global firms because of insurance D) most prevalent in the poorest countries of the world