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An internet-based auction between competing sellers or suppliers in real time, is called a:
Suggested Answer: C
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Reverse e-auction.
This term is used in your syllabus.
20 comments · newest first
JU
Judy
2 months ago
I’m confused. What’s the difference between B and C?
AN
Annice
2 months ago
I feel B) Dutch e-auction is the best choice. It's unique!
DE
Denna
2 months ago
C is good, but B fits the question better.
SH
Shanice
3 months ago
I'm leaning towards C) Reverse e-auction. Sellers compete, right?
JE
Jennifer
3 months ago
I agree, Dutch e-auction makes sense. It's real-time!
SH
Shayne
3 months ago
I think it's B) Dutch e-auction. Feels right.
JU
Julieta
3 months ago
I agree, Reverse e-auction makes the most sense here.
AI
Aimee
3 months ago
Really? I didn't know that was the term for it.
CA
Callie
4 months ago
No way, it's not a Forward e-auction!
CI
Ciara
4 months ago
I thought it was a Dutch e-auction?
DE
Deja
4 months ago
It's definitely a Reverse e-auction!
SH
Shelia
4 months ago
Really? I didn't know that, sounds kinda odd.
DU
Dustin
4 months ago
Wait, are you sure it's not Competitive e-tender?
LE
Lenna
4 months ago
No way, it's not a Forward e-auction!
LI
Lindsay
6 months ago
I thought it was a Dutch e-auction?
AG
Agustin
6 months ago
It's definitely a Reverse e-auction!
PE
Pearlie
7 months ago
Forward e-auctions sound familiar, but I’m confused about how they differ from Dutch e-auctions. I need to double-check that!
BR
Brynn
7 months ago
I feel like competitive e-tenders were discussed in class, but I can't recall if they fit this definition of real-time auctions.
TE
Temeka
7 months ago
I practiced a similar question where reverse e-auctions were mentioned, and I think they involve buyers, not sellers.
AR
Arletta
7 months ago
I think I remember something about Dutch e-auctions being related to decreasing prices, but I'm not entirely sure if that's the right answer here.