A C2B E-Business Allows a Buyer to Name His or Her

question 47

Multiple Choice

A C2B e-business allows a buyer to name his or her own price for specific goods or services in a process called a ____.

• A) supply chain
• B) forward auction
• C) network effect
• D) reverse auction

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Definitions:

Learners

Individuals engaged in the process of acquiring knowledge, skills, attitudes, or values, through study, experience, or teaching.

Punished

The act of imposing a penalty or negative consequence on a behavior to decrease its occurrence.

Dependent Variable

In a scientific experiment, the variable that is tested and measured to see if it is influenced by the independent variable.

Independent Variable

In scientific research, the variable that is manipulated or changed to observe its effect on the dependent variable.