Question

B. Explain how the Acquisition / Payment process fits into the value system level ? and draw the part showing the connection at the value system level …

Answer 1

Answer:

Acquisition/payment process: The objective of this process is to acquire, maintain, and pay for the resources needed by the organization. Many resources are required including human resources, property, plant, equipment, financial resources, raw materials, and supplies. Resources are acquired from external entities like suppliers or vendors. In the financing process Once the cash is acquired, it is used as input for the acquisition/payment process. Below is the
diagram acquisition/payment and system value modeling.

Hope it makes sense.

Thanks