Question: Value - added network is an information sharing technology. It is private, multipoint networks managed by a third party and used by organizations on a

Value

-

added network is an information sharing technology. It is private, multipoint networks managed by a third party and used by organizations on a subscription basis. Which of the following is not true?

VANs are not used today, they are obsolete.

VANs are commonly used in Electronic Data Interchange

(

EDI

)

transactions

The value

-

added aspect of a VAN comes from the additional services it offers beyond simple data transmission.

VAN services can include data translation, data encryption, data storage, and management of transactions and communications between businesses.

By using a VAN, companies can streamline their supply chain operations, reduce manual processes, and improve the efficiency and accuracy of their business transactions.

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