Describe the steps in developing an REA diagram
What will be an ideal response?
Developing an REA diagram involves three steps. First, identify the basic events of interest (any activity about which management wants to collect information in order to plan, control, and evaluate performance). Second, identify the resources affected by and the agents who participate in those events. Third, use knowledge about the organization's business practices to add relationship cardinality information to the diagram.
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A broad-based approach to supply chain management among a network of trading partners is _____
a. third-party logistics b. collaborative planning, forecasting, and replenishment c. applied procurement planning d. electronic data interchange
Identify and describe the weaknesses in Mickie's approach to implementing the new AIS. How could you improve the development process for the remaining parts of the AIS?
What will be an ideal response?