A(n)_____ Is the Process in Which a Buyer Posts Its

question 64

Multiple Choice

A(n) _____ is the process in which a buyer posts its interest in buying a certain quantity of items with notations concerning quality,specification,and delivery timing,and sellers compete for the business by submitting successively lower bids until there is only one seller left.

• A)vertical e-marketing
• B)reverse auction
• C)request for bid (RFB)
• D)B2B E-mart

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Definitions:

Common Ratio

In a geometric sequence, the constant factor by which each term is multiplied to get the next term.

Geometric Sequence

A series of numbers in which each subsequent number is obtained by multiplying the preceding number by a constant, non-zero value known as the common ratio.

Geometric Sequence

An array of numbers wherein each element, after the first, is calculated by multiplying the previous element by a stable, non-zero quantity referred to as the common ratio.

First Five Terms

Denotes the initial five elements or numbers in a sequence or series.