What Is the Difference Between a Reverse Auction and Mass

question 85

Multiple Choice

What is the difference between a reverse auction and mass customization?

• A)Reverse auction is most often found in B2B whereas mass customization is often found in B2C.
• B)Reverse auction requires a bid from consumers whereas mass customization requires a bid from suppliers.
• C)Mass customization require a click-and-mortar environment;reverse auctions do not.
• D)Mass customization can sell digital products;reverse auctions sell commoditylike products.

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Definitions:

Table Column

A vertical arrangement of data or information in a table, where each column is identified by a unique header.

Specify Data

The act of identifying and describing particular data elements or criteria that need to be met or included in a data set.

Table Style Options

A set of predefined styles that can be applied to tables in a document or spreadsheet to enhance their appearance.

Header Row

The top row of a table in a document or spreadsheet that contains the titles of columns.