Which of the following is not one of the methods used to complete electronic exchanges of information and payments to reduce purchasing transaction costs?
a.Electronic B2B
b.E-procurement system
c.EDI
d.Coefficient of determination system
D. Coefficient of determination system
Electronic b2b means transaction between 2 business in an electronic form which is in relation to exchange of information and payment.
E-procurement is again ab form of electronic procurement where procurement is not done physically rather in an electronic form where shortage of fulfilefuas and when required. Thus it's it's reduces the transaction cost by eleminating no useful transaction.
EDI means electronic data interchange. As the name suggests it is electronic exchange of information.
So the answer will be D.
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