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3. eFlower, Inc. allows wholesale buyers and sellers to buy and sell flowers on its platform. It also allows money to be transferred between the
3. eFlower, Inc. allows wholesale buyers and sellers to buy and sell flowers on its platform. It also allows money to be transferred between the buyer's bank and the seller's bank. The detailed description is below. Sellers of flowers indicate the amount and quality of flower they want to sell through the platform. In addition, they also send their flowers. An eFlower inspector inspects the flowers and checks for the amount and quality. If errors are found, then the lot is discarded, a discarded notice is sent to the seller and this information is updated in excess inventory file. Otherwise, the flower lot is placed in the open area for buyers to examine. Buyers are not present physically but get to see all the flowers through a live video feed. When trading begins at 9 am, buyers place their bids for flowers, which includes the amount, quality and price offered per flower. If their bid is accepted by the seller, then buyers' payment is processed. In this process, buyers' information is collected and cash moves from buyer's bank to seller's bank. Available flower quantity is updated in the normal inventory file. If the buyers' bids are not accepted, they are sent a notice. Draw the context and level- diagram for this business situation. Make your assumptions explicit. (10+20=30 points total; 10 for context and 20 for level-0)
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