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