If a company wanted to get rid of an inventory of excess wooden pallets by attracting the greatest number of potential buyers online, it could use a(n) __________ to locate the company that was willing to pay the highest amount for the used pallets.

If a company wanted to get rid of an inventory of excess wooden pallets by attracting the greatest number of potential buyers online, it could use a(n) __________ to locate the company that was willing to pay the highest amount for the used pallets.



A) storefront operation
B) traditional auction
C) Japanese auction
D) English auction
E) reverse auction


Answer: B


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