SAP Ariba Sourcing Practice Questions - SAP Certified Associate - SAP Ariba Sourcing (C ARSOR) Exam

What is an English auction in SAP Ariba Sourcing?

An auction for English products only An auction conducted only in English language A traditional auction where prices increase A reverse auction format where suppliers compete by submitting progressively lower bids in real-time, with full visibility of the current lowest bid

Correct Answer:

A reverse auction format where suppliers compete by submitting progressively lower bids in real-time, with full visibility of the current lowest bid

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