Question No. 1

 

What is the risk incurred by a functional organizational structure of an enterprise ?

How such a risk can be escaped by reengineering business processes instead of just automating or computerizing them?

 

Question No. 2

Define in your own words the value system model of the REA ontology

Picture in your mind the cafeteria of your branch (let us call it "SEUMyBranchCafteria" like "SEUDammamCafeteria" ).  Propose a value system level model for your  cafeteria. You may either draw a value system level model similar to Exhibit 2-2 (see text book), or you may prepare a matrix as follows:

 

External Business Partner	Resources Flowing From External Business Partner	Resources Flowing to External Business Partner
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Question No. 3

 

Define in your own words the value chain model of the REA ontology

 

Picturing in your mind the cafeteria of your branch (previous exercise) and assuming that the various activities that need to be performed in the conversion process are considered labor operations, draw a value chain level diagram for the cafeteria of your branch.

 

N.B draw an extra table in which you specify examples for classes of resources.