Examlex
Referent power is associated with charisma.
Traditional Auction
In an e-marketplace, an online auction in which a seller puts up an item for sale and would-be buyers are invited to bid in competition with each other.
E-marketplace
An online platform where buyers and sellers meet to exchange goods, services, or information, often supported by electronic tools and services.
Privately Owned Trading Communities
Online platforms or networks owned by private entities that facilitate trading, business transactions, and communication among its members.
Bid Price
The highest price that a buyer is willing to pay for a security, currency, or commodity.
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