Answer to Question 1
XML is a robust, logically verifiable text format based on international standards. It provides a flexible way to create structured, common information formats and share both the format and the data via the Internet, intranets, and other networks. XML can be used to define complex documents and data structures such as invoices, inventory descriptions, shipment records, and other supply chain information.
The benefits of XML are numerousit is a simultaneously human-readable and machine-readable format, it supports multiple languages, its plain text file displays are unencumbered by licenses or restrictions, and it is platform-independent and thus relatively immune to changes in technology. XML is gaining traction in the supply chain because it supports the integration of various information systems, is less complex than EDI, and eliminates the need for value-added networks, which reduces cost while speeding data transmission.
Answer to Question 2
B
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