The field of Electronic Commerce (EC) is awash with acronyms (i.e., a word formed from the initial letter or letters of a series of successive words). Which of the following acronyms does not belong with the other Electronic Commerce-related acronyms?
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A. B. C. D.C
A, B, and D are all commonly used acronyms in the field of Electronic Commerce (EC).
A. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication. It is a secure messaging network that financial institutions use to exchange electronic financial messages.
B. CHIPS stands for Clearing House Interbank Payments System. It is a private clearinghouse for large-value, time-critical payments, primarily between banks and other financial institutions.
D. EDI stands for Electronic Data Interchange. It refers to the electronic exchange of business documents between trading partners in a standardized format.
However, C. SPECTRE does not belong with the other Electronic Commerce-related acronyms. SPECTRE is not a commonly used acronym in the field of Electronic Commerce. Instead, SPECTRE is an acronym for Special Executive for Counter-intelligence, Terrorism, Revenge, and Extortion, which is a fictional terrorist organization in the James Bond series of novels and films.
Therefore, the correct answer is C. SPECTRE.