Since GE Began Accepting Bids Via the Internet,the Length of the Bidding

question 127

Multiple Choice

Since GE began accepting bids via the Internet,the length of the bidding process in GE's lighting division has been reduced from 21 days to 10.Since requesting the bids is easier,purchasing agents approach more potential vendors.The ability to locate more vendors has lowered the cost of goods by 5 to 15 percent.GE's experience illustrates:

• A) how using the Internet increases competition
• B) how business marketing is becoming global
• C) how business marketing is using the Internet to become more efficient
• D) how the use of the Internet has influenced consumer markets to become larger and more powerful than business markets
• E) how the Internet increases efficiency in data exchange

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Definitions:

Epiphyseal Plate

A growth plate located at the ends of long bones where new bone tissue is generated during growth.

Zone of Proliferation

Refers to a region in a growth plate of bones where cartilage cells are rapidly dividing and contributing to bone lengthening.

Zone of Calcification

A region in bone where cartilage is being replaced by bone tissue during the growth process.

Sinuses

Air-filled cavities in the bones around the nose, which help moisten and filter inhaled air.