An Internet Distributor of Office Supplies Has a System of Bidding

question 2

Multiple Choice

An Internet distributor of office supplies has a system of bidding and awarding contracts online for customer purchases. This is most likely a ____ model.

• A) B2B
• B) C2C
• C) B2C
• D) C2B
• E) cross-functional

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Definitions:

Mandated Vacation Time

Legislation or policies requiring employers to provide a certain minimum amount of paid vacation time to employees.

Power Distance

A cultural aspect indicating the degree to which individuals in positions of lesser power within organizations and institutions accept and assume an unequal distribution of authority.

Elastic Time

A cultural concept where time is seen as flexible, with a focus on accomplishing tasks rather than adhering to a strict schedule.

Protestant Work Ethic

A concept in sociology that attributes hard work, frugality, and diligence to a Calvinist value system prevalent in areas of Protestant reformation.