Many-to-many e-marketplaces,usually owned and run by a third party or a consortium,in which many buyers and many sellers meet electronically to trade with each other best describes
A) exchanges.
B) public market.
C) company-centric EC.
D) spot purchases.

Question

Quizplus · Accepted Answer

The description given fits the definition of exchanges, which are electronic marketplaces where many buyers and sellers come together to trade with each other. These exchanges are typically owned and operated by a third party or a consortium. Public markets and spot purchases do not necessarily involve many buyers and sellers, and company-centric EC is focused on a particular company rather than many buyers and sellers.

Many-To-Many E-Marketplaces,usually Owned and Run by a Third Party or a Consortium,in