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(i) Compare the categories of electronic commerce and explain how e-commerce is changing consumer retailing and business to business transactions.
(ii) Describe the term ‘e-procurement'. Use examples to support your answer.
(iii) Assess the strategies which managers use to get successful e-commerce.
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QUESTION a) Briefly explain the following two methods of e-procurement: i. Reverse Auctions ii. Industrial Malls b) Elaborate on three characteristics essential for e-
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maximization Z= 5x + 2y x y x+y
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