In a reverse auction a customer posts contracts for products available for bids from potential suppliers on the Internet.
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Q1: E-marketplaces are sites on the Internet where
Q2: Purchasing can be classified according to two
Q3: Outsourcing involves sourcing from an outside supplier
Q4: Procurement involves the selection of a supplier.
Q5: Box retailers are some of the largest
Q7: Outsourcing supports vertical integration of a firm's
Q8: One of the advantages of outsourcing is
Q9: Companies use outsourcing as a strategic move
Q10: Outsourcing and sourcing have the same meaning
Q11: Many companies are outsourcing in countries where
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