Which of the Following Statements Are True of Reverse Auctions

question 40

Multiple Choice

Which of the following statements are true of reverse auctions?

• A)They are most appropriate for commodity-type items.
• B)They involve one buyer who invites bids from several pre-qualified suppliers.
• C)Both they are most appropriate for commodity-type items and they involve one buyer who invites bids from several pre-qualified suppliers are true.
• D)None of the answer choices.

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