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Self-assessment (Activity #4): 1.Define Procurement 2.What is Competitive Bidding? 3.What is the purpose of Procurement by Electronic Means 4.Identify the alternative Mode of Procurement. Explain

Self-assessment (Activity #4): 1.Define Procurement 2.What is Competitive Bidding? 3.What is the purpose of Procurement by Electronic Means 4.Identify the alternative Mode of Procurement. Explain briefly 5. What are the conditions that must be present in a Repeat Order. 6.What is the term and conditions for the use of Alternative Methods 7.When can a Shopping mode of procurement may be resorted to 8.When can a Negotiated Procurement shall be allowed

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