Buyers Attracted to Online Reverse Auctions Most Likely Want to ________

question 12

Multiple Choice

Buyers attracted to online reverse auctions most likely want to ________.

• A) analyze a product's lifetime cost of ownership
• B) form relationships with major wholesalers
• C) evaluate overall procurement costs
• D) focus on low product prices
• E) eliminate buying risks

---

Definitions:

Virtual Team

A group of people that works together across geographical, temporal, and organizational boundaries, often communicating via digital tools.

Information Technologies

The study and use of systems for storing, retrieving, and sending information, including computers and telecommunications.

Collaborate

To work jointly with others or together especially in an intellectual endeavor.

Self-managed Teams

Groups of employees who operate without traditional managerial supervision, taking collective responsibility for task planning, decision making, and problem-solving.