Question: Explain the following based on Information Systems: 1. E-Procurement 2. E-Tendering 3. TCO (Total Cost of Ownership) 4. Competitive versus Performance based supplier relationship 5.

Explain the following based on Information Systems:
1. E-Procurement
2. E-Tendering
3. TCO (Total Cost of Ownership)
4. Competitive versus Performance based supplier relationship
5. Tactical versus Strategic supplier relationship

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