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    Electronic Commerce Study Set 1
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    Exam 6: Social Networking, Mobile Commerce, and Online Auctions
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    In Industries Where There Is a High Degree of Competition
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In Industries Where There Is a High Degree of Competition

Question 62

Question 62

True/False

In industries where there is a high degree of competition among suppliers, reverse auctions can be an efficient way to conduct and manage the price bidding that would naturally occur in that market.

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