IT Governance & Security Strategy Analysis
Added on 2020-07-22
10 Pages3060 Words27 Views
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Accounting Information system
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11. Identifying the Business structure of Woolworth..................................................................12. Operations and Functionality..................................................................................................23. The Factors that represent an information system strategy.....................................................34. The reason the Business may experience difficulty in developing information systemstrategy........................................................................................................................................55. Information system failure......................................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONThe accounting information system is refers to as framework that is used by theaccountant in an organisation for collecting, storing, managing, processing, retrieving andreporting financial data. It consists of series of operations that associated with recording,classifying, summarising as well as reporting of financial transactions together. AccountingInformation system strategy describes the way or procedure according to which the operationswill be executed. The objective of this system is to accumulate as well as report on financialinformation. The Strategic Information system assist business entity in aligning strategic goalswith the business objectives.The project have focus on Identifying the structure of Woolworth Company structure.Products and services. It also emphasizes on the difficulties that are faced by cited venture indeveloping an information system strategy. The report will highlight the typical issues that mightbe expected to arise within information system projects.TASK 11. Identifying the Business structure of WoolworthWoolworth is the biggest Australian organisation with the extensive retail involvementthroughout Australia and new Zealand. Woolworth is ranked as the second largest enterprise interms of revenue. It is also the big takeaway Liquor retailer in Australia. The main operations ofthe company include supermarket, Liquor retailing, discounted departmental stores etc. TheWoolworth has approximately 201000 Employees working in organisation. The business entityhas speciality in selling groceries such as Vegetables, fruits, etc. Enterprise also deals in variousother goods like House hold, stationery items, supply of items related to babies, Health andbeauty products. The company has approximately 999 stores Across Australia and 967supermarkets.Organisational structure definers the way activities like task allocation, coordination,supervision, are directed towards achievement of business goals and objectives. There arevarious types of organisational structure these are Flat and Hierarchical structure. The businessframework or construction has great impact on the business policies, system and Strategies.Woolworth besides having the large workforce have flat organisational structure. Thisframework is very effective as it allows manager in the business entity in making quick, effectiveas well as suitable strategies. The Impressive business framework provides enterprise an1
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