Which of the Following Is an Electronic Marketplace That Connects

question 8

Multiple Choice

Which of the following is an electronic marketplace that connects buyers and sellers across many industries,primarily for MRO materials?

• A)Horizontal e-marketplace
• B)Vertical e-marketplace
• C)Reverse auctions marketplace
• D)Direct marketplace

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Definitions:

Hedgehog Concept

A strategic framework suggesting that success is achieved by focusing deeply on the intersection of personal passion, what one can be the best at, and what drives the economic engine.

Competition

The rivalry among businesses or entities to attract customers, increase sales, and achieve a dominant position in the market.

Knowledge Management

The process of capturing, distributing, and effectively using organizational knowledge to enhance performance, innovation, and competitive advantage.

Knowledge Dissemination

The process of spreading and sharing knowledge within an organization or to the broader public.