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CIPS L3M2 Exam - Topic 4 Question 47 Discussion

An internet-based auction between competing sellers or suppliers in real time, is called a:
C) Reverse e-auction
A) Competitive e-tender
B) Dutch e-auction
D) Forward e-auction

CIPS L3M2 Exam - Topic 4 Question 47 Discussion

Actual exam question for CIPS's L3M2 exam
Question #: 47
Topic #: 4
[All L3M2 Questions]

An internet-based auction between competing sellers or suppliers in real time, is called a:

Show Suggested Answer Hide Answer
Suggested Answer: C

Reverse e-auction.

This term is used in your syllabus.


by Starr at Apr 10, 2026, 12:43 PM

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Judy
4 days ago
I’m confused. What’s the difference between B and C?
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Annice
9 days ago
I feel B) Dutch e-auction is the best choice. It's unique!
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Denna
14 days ago
C is good, but B fits the question better.
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Shanice
19 days ago
I'm leaning towards C) Reverse e-auction. Sellers compete, right?
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Jennifer
25 days ago
I agree, Dutch e-auction makes sense. It's real-time!
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Shayne
30 days ago
I think it's B) Dutch e-auction. Feels right.
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Julieta
1 month ago
I agree, Reverse e-auction makes the most sense here.
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Aimee
1 month ago
Really? I didn't know that was the term for it.
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Callie
2 months ago
No way, it's not a Forward e-auction!
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Ciara
2 months ago
I thought it was a Dutch e-auction?
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Deja
2 months ago
It's definitely a Reverse e-auction!
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Shelia
2 months ago
Really? I didn't know that, sounds kinda odd.
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Dustin
2 months ago
Wait, are you sure it's not Competitive e-tender?
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Lenna
2 months ago
No way, it's not a Forward e-auction!
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Lindsay
4 months ago
I thought it was a Dutch e-auction?
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Agustin
4 months ago
It's definitely a Reverse e-auction!
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Pearlie
5 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!
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Brynn
5 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.
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Temeka
5 months ago
I practiced a similar question where reverse e-auctions were mentioned, and I think they involve buyers, not sellers.
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Arletta
5 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.
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