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This Concept Map, created with IHMC CmapTools, has information related to: Auction, FORWARD AUCTIONS IS a seller entertains bids from many potential buyers, Types NAMED ALSO bidding or tendering system, Auction has Types, Types are REVERSE AUCTIONS, sellers to submit bids(prices) INVITES REVERSE AUCTIONS, Types are FORWARD AUCTIONS, one buyer wants to buy a product or a service. (One Buyer, Many Potential Sellers) IS REVERSE AUCTIONS, Auction find more information in the linked file