Strategic Information Systems for Paradise Industries

Strategic Information Systems
for – Paradise Industries
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Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
System flow chart of expenditure cycle.......................................................................................3
System flow chart of conversion cycle........................................................................................4
Description of physical internal control weaknesses in the expenditure cycle...........................5
Evolution of the risks exist in the conversion cycle and the changes needed to reduce the risks
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CONCLUSION................................................................................................................................8
REFRENCES...................................................................................................................................9
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INTRODUCTION
Strategic information system is de by business organization for properly record and interpret
their business activities in effective way. To understand the concept in better way paradise
industries has been taken. In this report role of expenditure cycle and conversion cycle their
important and issue faces by organization during recording and maintain of data has been defined
this report also define hoe manger are resourcing to resolve these issue by using effective method
of strategic management.
TASK 1
System flow chart of expenditure cycle
Expenditure cycle: It can be defined as procedure of activities which is related with purchasing,
acquisition and payment of essential materials and services for manufacturing business products.
Expenditure cycle is formulated to provides brief description of manager regarding the whole
procedure of what items needs to purchase by managers the procedure of purchasing and
recording and payment given to suppliers has been defined through expenditure cycle.
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