Examlex
Which type of centre is the theme park division of Walt Disney Company?
Highest Bidder
The individual or entity willing to pay the most for an item or asset in an auction setting.
RFQ
A Request for Quotation (RFQ) is a business process in which a company asks external suppliers to offer a quote for the supply of specific goods or services under designated conditions.
Reverse Auction
An auction in which the roles of buyer and seller are reversed, with the seller competing to obtain business from the buyer and prices typically decreasing as the auction progresses.
Disintermediation
Elimination of intermediaries in electronic commerce.
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