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:

Air Pressure

The force exerted onto a surface by the weight of the air above that surface in the Earth's atmosphere; varies with altitude and weather conditions.

Interglacial Period

A phase of warmer global temperatures occurring between glacial periods during an ice age.

Surface Temperature

The temperature of an object or material at its outer boundary or surface.

Fluctuations

Variations or changes in a state or quality over time, often seen in economic, environmental, or physical systems.