SECTION A ANSWER ALL. 4 MARKS EACH In support of organisational goals and objectives in procurement, there are three things one must do. Name those things. Procurement can be broken down into two major categories. Name them. State the four (4) major objectives of procurement. What is 5R in procurement? Information and communication technology has radically changed the way we do business. Mention any three of the changes. Mention any four objectives of e-procurement. Name any (4) four drawbacks of technology in e-procurement. Differentiate between the terms e-sourcing and e-payment. Is there any distinctions between exchange and e-marketplace? Explain them. Write the acronyms of the following terminologies i.EOQ, ii.MRO, iii. RFP, iv. BOQ, v. MEAT, vi. EPOS