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An E-RA Is an Offline, Static Auction Between a Buying

question 53

True/False

An e-RA is an offline, static auction between a buying organization and a group of pre-qualified suppliers who compete against each other to win the business to supply goods or services that have ill-defined specifications for design, quantity, quality, delivery, and related terms and conditions.


Definitions:

Science, Engineering, And Technology

Collective fields of study and application dedicated to understanding natural phenomena and solving practical problems.

Workplace

The location or environment where individuals engage in professional or vocational activities.

Age

The length of time that a person or thing has existed.

Economic Recession

A period of significant decline in economic activity across the economy, lasting longer than a few months.

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