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This Concept Map, created with IHMC CmapTools, has information related to: Auction, sellers to submit bids(prices) is link to a graph, Auction named also bidding or tendering system, Auction has Types, bidding or tendering system is a seller entertains bids from many potential buyers, Types are Reverse Auctions, Auction invites sellers to submit bids(prices), Types are Forward Auctions, sellers to submit bids(prices) is one buyer wants to buy a product or a service. (One Buyer, Many Potential Sellers), Auction find more information in the linked file