What are the features of an emarket place, Business Management

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Question 1:

(a) What are the features of an eMarket Place?

(b) What is a digital signature and how does it provide for confidentiality in an eProcurement System?

(c) Explain the term Electronic Reverse Auction and the steps involved in using reverse auction technology.

Question 2:

(a) List infrastructure components of an eProcurement System.

(b) Describe briefly how an eTendering System is used.

(c) Pilot implementation is crucial to the success of an eProcurement System project. Briefly describe the different issues to consider for this phase.


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