logo

Adoption of cyber computing enterprises resources planning in Rio Tinto Company and its impact on its business

   

Added on  2020-04-15

45 Pages9192 Words366 Views
RUNNING HEAD: Research paper 1
Name of the student-
Adoption of cyber computing enterprises resources planning in Rio Tinto Company and its impact on its
business
ASSESSMENT 2 – FINAL PROJECT

Research paper 2
1. Abstract
This research paper is prepared to evaluate the adoption of cyber computing enterprises
resources planning in Rio Tinto Company and its impact on its business. In this research
proposal Rio Tinto Company has been taken into consideration. This paper has reflected the use
of sampling and ethical issues in this paper which is used collection of data. This research paper
focus on how Rio Tinto could increase its business efficiency by adopting cyber computing
enterprises resources planning in its business. . It is an Australian- British company also known
as one of the world’s largest metals and mining corporations. The main headquarter of company
is in London, United Kingdom. In this research paper, 50 respondents of Rio Tinto Company
have been taken into consideration to collect the required amount of the data. The questionnaire
survey consisted of 50 members of Rio Tinto were selected by the application of the purposive
sampling technique. These research analyses were generated using the quantitative research
methods and descriptive data analysis method. This research has put emphasis upon how Rio
Tinto could increase its business efficiency by adopting cyber computing enterprises resources
planning in its business. It is considered that company needs to analysis all the internal and
external factors before adopting cyber computing system in business.
The Rio Tinto should adopt this cyber computing system in business so that it could
reduce the complexity of the business and implement automation in its value chain activities.
There are several recommendations such as using XOXO software in its reporting
frameworks and using innovative business technologies in its business. These technologies and
advancement in its value chain activities will help company to adopt cyber computing enterprises
resources planning in its business. It is suggested that if Rio Tinto actually wants to adopt this

Research paper 3
cyber computing enterprises resources planning in its business then it first needs to arrange
proper training and development program for its employees. This will not only helps employees
to adapt with the new advanced value chain program but also increase the overall efficiency of
the business.

Research paper 4
2. Introduction
With the ramified economic changes and complex business structure, each and every
organization is running its business effectively to meet their objectives and goals. In this research
paper, Rio Tinto Company has been taken into consideration. . It is an Australian- British
company also known as one of the world’s largest metals and mining corporations. This
company is engaged in providing the mining related works around the globe to increase its
turnover. However, due to the non-effective communication channel, it has faced various critical
issues in its business plans and communication channel. In addition to this, management
department of the company has passed the proposal to adopt the cyber computing enterprises
resources planning in its business functioning. It will help employees and management
department to communicate with each other. It is evaluated that vendors of the organization faces
several issues in the supply chain management program and logistic works. Thus, by adopting
proper cyber computing enterprises resources planning in its business functioning will surely
increase the overall outcomes of the Rio Tinto business.
3. Statement of the Paper
With the ramified changes in business functioning of Rio Tinto, it needs to be proactive
before implementing new cyber computing enterprises resources planning in its value chain
activities. In addition to this, vendors and other could also follow automated cyber computing
enterprises resources planning in their communication channel to perform their assigned works.
There are several benefits which will be seen such as establishment of automation in business,
reduce the complex business structure, set new business structure and restructuring of business.
This research paper focus what types of problems and issues will be faced by Rio Tinto while

Research paper 5
adopting new cyber computing enterprises resources planning in its value chain activities.
However, need to adopt this new cyber computing enterprises resources planning in business of
Rio Tinto arises due to its less effective internal control system and increased cost occurred from
recitative business functioning. Thus, Rio Tinto by adopting proper cyber computing enterprises
resources planning in its value chain activities in its business could easily increase the overall
outcome of the business and establish automation in its business functioning.
4. Research questions
1. What is the significance of adopting the cyber computing enterprises resources planning in
business?
2. How Rio Tinto could increase the business efficiency by adopting cyber computing enterprises
resources planning in its value chain activities?
3. What are the strategies and business problems which would be faced by organizations before
installing cyber computing enterprises resources
5. Theoretical frameworks
It is evaluated that due to the complex business structure and increased needs of adoption
of the cyber computing enterprises resources planning in business, Rio Tinto should use this
cyber computing system in its value chain activities. It will increase the overall productivity and
effective communication in the business of Rio Tinto.

Research paper 6
Figure: New working functioning of cloud based delivery
Source- My Author
It is evaluated that clients in Australia and other current countries are more inclined
towards the organizations that have adopted the advanced technologies in their business. Rio
Tinto has strong brand image and in order to keep its sustainable business, it should adopt newly
adopted cyber computing enterprises resources planning in its value chain activities. This will
establish automation in business and increase the overall outcomes of the organization. The main
benefit will be related to communicating with the vendors and implementing logistic supply
chain with outsiders. This below given chart will reflects the actual process system which Rio
Tinto will follow after adopting the cyber computing enterprises resources planning in its
business (Rizzo, van Erp, & Troncy, 2014).

Research paper 7
Figure- ERP system and automation
Sources- My Author
It is evaluated that successful implementation of cyber computing enterprises resources planning
in its value chain activities require assessment of the internal and external factors of the business.
It is considered that Rio Tinto has faced high amount of loss in its business due to no time
delivery of its raw material in its business. In addition to this, communication channel and public
relation of the Rio Tinto is also not that effective. It has increased its business functioning cost
and increased the complex set of activities. Rio Tinto by adopting this proper level of cyber
computing enterprises resources planning in its value chain activities could establish automation
and mitigate various manual works. It will not only save the time of the process functioning but
also reduce the cost of the production of the business (Ram & Corkindale, 2014).

Research paper 8
Figure:- Business process modeling
Source-https://www.google.co.in/url?
sa=i&rct=j&q=&esrc=s&source=images&cd=&ved=0ahUKEwjtpPTe5OPXAhWBu48KHTkeC
7oQjxwIAw&url=http%3A%2F%2Fcreately.com%2Fblog%2Fdiagrams%2Fbusiness-process-
modeling-techniques
%2F&psig=AOvVaw1vsEqeoRQkQgBBEQf2ZhpP&ust=1512044499327885
This above given chart showcases that if Rio Tinto uses the cyber computing enterprises
resources planning then it will increase efficiency and establish different working chain to reduce
the complexity of the business.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
The main aim of this report is to understand the concept of financial management
|27
|3999
|91

Business Research
|14
|3863
|26

Corporate Financial Management Analysis 2022
|22
|5335
|22

Assignment on E- Business and Opportunities
|6
|1044
|75

Effectiveness of Operation Management for auditing and service companies
|11
|2285
|375

Corporate Accounting: Analysis of Finance Statements of ASX Listed Entities
|25
|4640
|111