Which of the following statements about auctions is not true?
A)The market leader in C2C auctions is Craigslist.
B)Auctions constituted a significant part of B2B e-commerce in 2012.
C)Over a third of procurement officers use auctions to procure goods.
D)In B2C auctions, established merchants offer items for sale using dynamic pricing techniques.

Question

Quizplus · Accepted Answer

Craigslist is not the market leader in C2C auctions; eBay is more commonly recognized as the leader in consumer-to-consumer online auctions.

Which of the Following Statements About Auctions Is Not True