Example 1:
The Galaxy plc is to buy a small business, Tiny Ltd. The whole procedure involves four activities:
A. Develop a list of sources for financing;
B. Analyse the financial records of Tiny Ltd;
C. Develop a business plan (sales projections, cash flow projections,etc.)
D. Submit a proposal to a lending institution.
The precedence relationship of these four activities is described as in the Table below. Construct the network diagram.