Which of the Following Is a Feature of a Dutch

question 88

Multiple Choice

Which of the following is a feature of a Dutch auction?

• A) The auctioneer begins with a very low asking price.
• B) The winner pays exactly what she bid for the item.
• C) Bidders simultaneously write their valuations on paper and submit them independently.
• D) Several bidders will announce their valuations.

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Definitions:

AOA (Activity On Arrow)

A network diagram convention used in project management to represent activities on arrows and milestones on nodes.

Dummy Activities

Dummy activities are artificial tasks used in project scheduling (e.g., in a PERT or CPM diagram) to establish proper relationships among actual tasks, indicating dependencies without consuming resources or time.

Permanent Project Organization

An organizational structure designed to manage projects on a long-term basis, with dedicated teams and resources.

Matrix Organization

A flexible organizational structure where employees report to multiple managers, typically project manager and functional manager.