In modern commercial operations, Information and Communication Technology (ICT) tools perform specific roles to improve operational efficiency and transaction speed. Match each ICT tool listed on the left with its primary business application on the right.
- Electronic Data Interchange (EDI)Automated paperless transmission of standardized business documents like purchase orders between trading partners.
- Electronic Funds Transfer (EFT)Direct digital transfer of money from one bank account to another across interbank networks.
- Point of Sale (POS) SystemComputerized checkout system that captures retail sales data and updates stock balances automatically.
- Enterprise Resource Planning (ERP)Integrated software suite that synchronizes real-time data across core corporate departments such as finance, supply chain, and human resources.
Answer
Electronic Data Interchange (EDI) matches with automated paperless document transmission; Electronic Funds Transfer (EFT) matches with direct digital money transfers; Point of Sale (POS) System matches with computerized sales counter checkout and inventory adjustment; Enterprise Resource Planning (ERP) matches with integrated cross-departmental software synchronization.
Each ICT application fulfils a specific function within commercial trade: EDI standardizes inter-company document exchange, EFT handles digital payments, POS automates retail sales counter checkouts alongside inventory updates, and ERP unites internal business workflows across departments into a central database system.
Step-by-Step Solution
Key Concept
Classification and Functions of ICT Tools in Commercial Operations