What is the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by lower bids until there is only one seller left?

What is the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by lower bids until there is only one seller left?

  • Correct Answer: E-Commerce
  • Reverse Auction
  • B2B Marketplace
  • Auction

Explanation: Intranet

Join our channels for latest updates

More Random Questions

Q: In Sharanghadhara Samhita, the Anupana for Kanchanara Guggulu in Shotha is:
Ans: Triphala Kwatha
Q: Which vitamin is critical for bone mineralization?
Ans: Vitamin D
Q: What patterns in trees can be used to determine its age?
Ans: veins
Q: Which country's 'Vinicius Junior' has won the FIFA Best Men's Award 2024?
Ans: Brazil
Q: Into how many basic regions can the aquatic biome be broken down?
Ans: two
Q: What was the expected trend for U.S. housing investment in 2025?
Ans: Limited
Q: The recurrence equation T(n) = T(n/2) + 1 represents the time complexity of which algorithmic paradigm?
Ans: Algorithms
Q: What is the process of changing a liquid into a gas called?
Ans: Evaporation
Q: Who will host the first e-sports Olympic Games?
Ans: Saudi Arabia
Q: Which enzyme digests carbohydrates in saliva?
Ans: Amylase
Q: Which Harappan site is famous for seals?
Ans: Mohenjo-Daro
Q: The process of removing recursion involves replacing recursive function calls with:
Ans: Algorithms
Q: Which IT created e-shoes for location tracking in real time?
Ans: IT Indore
Q: What can refer to a rope in a particular shape and a genetic structure involved in splicing?
Ans: lariat
Q: Which Indian state is known as the "Land of Spices"?
Ans: Kerala
Youngistan Junction
Youngistan Junction

Welcome to Youngistan Junction, your ultimate hub for staying updated with the latest in current affairs, general knowledge, and general studies! Whether you're a student gearing up for exams or just someone passionate about expanding your knowledge, Youngistan Junction is here to provide you with an extensive collection of well-curated questions and answers.

Articles: 6683