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List the 2 Types of Online Auctions in Organizational Markets

question 20

Essay

List the 2 types of online auctions in organizational markets and explain the differences between the two.

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Definitions:

Open Primaries

A primary election system where voters are not required to declare a party affiliation and can choose to vote in any party's primary.

Closed Primaries

Electoral contests limited to registered party members, preventing members of other parties from participating in the selection of that party's candidates.

Presidential Delegates

Selections made by a political party or candidate to represent them at their party's national convention, instrumental in choosing the party's presidential nominee.

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