Buyers attracted to online reverse auctions most likely want to ________.
A) analyze a product's lifetime cost of ownership
B) form relationships with major wholesalers
C) evaluate overall procurement costs
D) focus on low product prices
E) eliminate buying risks

Question

Quizplus · Accepted Answer

Online reverse auctions are typically used by buyers to focus on obtaining the lowest possible price for a specific product or service. While factors such as overall procurement costs and lifetime cost of ownership may also be considered, the primary driver is usually finding the lowest price.

Buyers Attracted to Online Reverse Auctions Most Likely Want to ________