The First Step in Developing the Conceptual Model Using ER

question 26

Multiple Choice

The first step in developing the conceptual model using ER diagrams is to _____.

• A) normalize the entities
• B) complete the initial ER diagram
• C) identify, analyze, and refine the business rules
• D) define the attributes, primary keys, and foreign keys for each of the entities

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Definitions:

CVP

Cost-Volume-Profit Analysis, a financial tool used to determine how changes in costs and sales volume affect a company's operating income and net income.

Better Value

Describes a product or service that offers more favorable conditions or advantages for its cost compared to other options.

Competition

The rivalry between businesses or individuals over customers, market share, and resources.

Business Model Canvas

A strategic management tool used to develop new or document existing business models, visually outlining a company's value proposition, infrastructure, customers, and finances.