Describe the trade-offs of using the hierarchical model of database storage.
Answer to relevant QuestionsDescribe the organization of a flat file database. Which type of database model has the most flexibility for querying? How does this flexibility assist management? Using Anheuser-Busch’s BudNet example presented in this chapter, think about the list queries that might be valuable if a company like Gap Inc. used data mining to monitor its customers’ buying behavior. Describe the activities that take place in the supply chain of a manufacturing firm. Read the article at http://xbrl.us/learn/documents/betterreporting.pdf. Briefly describe what this article says about how XBRL has transformed financial reporting.
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