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What is Functional-Entity Relationship Diagram (FERD)

Critical Analysis and Architecture for Strategic Business Planning
Similar to ERD but with more extensive relationship definition.
Published in Chapter:
Analysis in the World of Information Systems
Copyright: © 2022 |Pages: 30
DOI: 10.4018/978-1-7998-8073-8.ch006
There are many ways in which information systems (IS) impact the business. There are several different types of information systems applications that can be a resource for competitive advantage. To respond appropriately to changing market circumstances, it is necessary to constantly monitor and research the overall situation and then adjust the business approach accordingly. This chapter will review the systematic and methodological approach of the information systems analyst and evaluate what techniques and procedures might be useful to assist in the search, collection, and presentation of the research results and analysis for the broader business context. The chapter will also review the need for an information management policy and a management system that is necessary to develop a large-scale system to manage the amount of information that will result from the research and analysis of the business characteristics of the company and its surrounding environment and competition.
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