Following are questions I am submiting 3 Questions for May 30, 2010.Your analysis should be from two to three paragraphs in length and should not exceed one page.1)A large oil manufacturing company is interested in starting an online exchange. What actions and key steps would you recommend the company undertake to achieve this goal? (20 marks)Part A: Short-Answer Questions Answer each question in one to two paragraphs. (8 marks each)4.What are information portals, and why are they an important benefit of e-commerce? 5.Discuss the benefits for a company to lease an e-commerce application rather than purchase one.