A corporate-based acquisition site that uses reverse auctions, negotiations, group purchasing, or any other e-procurement method best defines:

Understand the Problem

The question is asking for the definition of a specific term related to corporate acquisitions that utilize various e-procurement methods. It is essentially testing knowledge of procurement terminology.

More Information

A buy-side e-marketplace is a platform where corporations use various methods like reverse auctions, negotiations, and group purchasing to acquire goods and services at competitive prices.

Tips

A common mistake is to confuse buy-side e-marketplaces with sell-side, which are designed by sellers to offer products to buyers.

Sources

• E Commerce Section - Sheet 4 -answer - Chapter 4 B2B E - studocu.com
• Question 19 1 Major procurement methods include buying at an... - coursehero.com
• [PPT] business-to-business e-commerce (B2B EC) - archive.eclass.uth.gr