{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

EC_Quiz 10 - 1 All of the following are potential benefits...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1. All of the following are potential benefits from auctions to sellers EXCEPT: a. auctions can broaden the customer base and reduce cycle time. b. sellers receive valuable price sensitivity information. c. sellers are always anonymous. <477> d. sellers can liquidate large quantities of obsolete items very quickly. 2. Each of the following is one of the three major categories of auction rules EXCEPT: a. timing rules <494> b. bidding rules c. clearing rules d. information-revelation rules 3. Dynamic pricing refers to : 4. Each of the following is true about auction rules EXCEPT: 5. The most serious disadvantage of e-auctions is: 6. Many companies use intermediaries or trading assistants instead of implementing e-auctions themselves for each of the following reasons EXCEPT: a. The company name is not widely recognized. b. To bring many more buyers to the auction. c. To avoid tax and legal fees. <493> d. Costs of auction intermediaries or assistants are less than the costs of physical auctions 7. the limitations of mobile auctions are all of the following EXCEPT: 8. Research has shown that e-commerce sites that use an auction model tend to:
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}