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A Reverse Auction Is a Software Tool That Extends the Tradition

question 53

True/False

A reverse auction is a software tool that extends the tradition bid process to permit suppliers to configure their bids in any number of alternatives ways.


Definitions:

Functions

The roles, activities, or tasks that are natural to or intended for a person, object, or organization.

Following Employment

Refers to the activities or insights tracked or monitored after an individual has been hired in an organization.

Fringe Benefits

Additional benefits supplementing an employee's salary, such as health insurance, paid time off, and retirement plans, which can vary greatly between employers.

World War II

A global conflict that took place between 1939 and 1945, involving most of the world's nations.

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