This article discusses the issues faced by Auto Accessories, a medium new organization that sells and distributes vehicle accessories. It also proposes solutions such as implementing an e-commerce website, cloud infrastructure, B2B services, and more to enhance customer experience and grow the business further.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running head: KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS Name of the Student Name of the University Author note
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
1 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS Table of Contents Introduction:....................................................................................................................................2 Business case...................................................................................................................................3 Opportunities:..............................................................................................................................3 Stakeholder......................................................................................................................................4 Business Context.............................................................................................................................5 Proposed Solution:.......................................................................................................................6 Business Process..............................................................................................................................7 Conclusion.......................................................................................................................................9 Reference.......................................................................................................................................10
2 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS Introduction: Auto Accessories is a medium new organization that sell and distribute vehicle accessories. They most supplies comes from a foreign supplier. They provides popular and useful accessories such as parking assistance camera viewer,traffic recording camera, decorative car stickers etc. AUTO ACCESSORIES is known for the specialist in making attractive design of the accessories that helps them to grow their business over past two years. While their business is growing there typical administration system is getting robust as the system is unable to manage the business activities such as staff payroll, marketing, , purchasing, warehousing, , sales and customer service which are previously carried out with little use of information and communication technology (ICT). Now the administrative staffs are considering the needs and important of an effective administrative system. Other competitors are extending there is business to online for better services while AUTO ACCESSORIES is facing problems to market products online. There typical system is producing many issues such as problem locating products, fulfilling customer request. For getting a desired products customers had to search all through the available products that is very time consuming. Staffs are also unable to fulfill the different request coming from several clients. Other issue of the current system is availability. To check availability of a particular product, customers’ needs to visit the store or talk with the customer services staff. For solving this above issues and stay competitive in the market Owner of AUTO ACCESSORIES now considering the need IT to effectively manage and monitor the activities and effectively retain their regular and new customers. That make the company even more popular that is helping them to growing faster. Customers identified there specialism in popular and useful accessories such as colorful decorative car stickers, traffic recording camera, parking assistance camera viewer and many more. This attractive accessories attract many customer that
3 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS increased their business procedure to a higher level. However, certain incensement in the business also increase their issues regarding management and customer satisfaction. Their current architecture is suitable for small business as they started. Now for the business growth they need to reestablish their business architecture in order to continue their legacy and implement new services. Customers also can check availability and place the order. And for internal management process they can utilize cloud based infrastructure to take the management process a step further. Cloud service provider will monitor and manage their business activities including revenue, profitability, expenses and staff activities. There are other several ICT application available to produce such results such as compiler, debuggers, assemblers and many more. This ICT applications can be useful to manage all the activities for proper execution of business growth and facilities. Business case The role of a BA is to find the gap between the current state of the company and where the owners wanted to be. BA is also responsible for evaluating the issues in order to propose a suitable solution (Fletcher,Harrisand Richey2013). AUTO ACCESSORIES facing several issues in the current state as their business is growing gradually. There typical administrative systems are unable to solve any of these problems. The business knowledge audit need to perform as a BA to understand the job and role. The main functionality units are maintained by the administrative staff who are responsible for manage activates and carry out business problems. Customer service staff are responsible for fulfill the customer requirement and help them to showcase their desired product they are also responsible for providing availability information to the customer.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
4 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS Problem: AUTO ACCESSORIES is facing problem for managing business activities and enhancing customer interaction. Theproblemoccursinthemanagingsectionasthebusinessadministrativeand management activities. The administrative staffs are considering the needs and important of an effective administrative system(Bentley,Omerand Sharp2013. Other competitors are extending their business to online for better services while AUTO ACCESSORIES is facing problems to market products online. They are facing issue to compete with other competitors and expanding their service to online. Opportunities:For maintain and implement any business, business analyst should identify and measure the opportunities and threats. Opportunities needs to measure for implementation of new strategy(Bentley,Omerand Sharp2013.There are several opportunities available that can be utilized to improve the business. AUTO ACCESSORIES can expand their service to the online. By doing so the customer can easily locate and buy the desire accessories. They can also check the availability of a particular product without visiting the store or talk with the customer service staffs. An e-commerce website can be useful for solving the issue. They can also implement a cloud infrastructure to manage all the internal and external services. They can take help from cloud service provider who will be responsible for managing and monitor all the business activities such as sales, marketing, warehousing, purchasing, staff payroll. All the staff and clients information and activities also will be stored that can be utilized to improve the business efficiency. By moving to cloud, there is no need to interact with this aspects directly as the service provider will be responsible for managing and monitoring all the aspects (Pucheta‐ Martínezand García‐Meca2014). Cloud also can be useful in order to store all the data associate with purchase and expenses. They can also implement B2B services. B2B is a commerce
5 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS transaction between businesses. AUTO ACCESSORIES has a foreign supplier so this system can help them to communicate and interact with the supplier in a more efficient and effective way. By utilizing the technology they can also sell their services and products to other wholesaler that will help them to grow their business even more. Stakeholder Effective identification, understanding and management of certain stakeholders, their triggers and their expectations will improve your ability to reduce risk, tailor mitigation measures and manage business activities (Fleisherand Bensoussan2015). AUTO ACCESSORIES have severalstakeholderswhomareessentialtostayinbusiness.Therestakeholderscanbe categorized by two types, internal and external stakeholders. Internal stakeholders are associate with the management and provide customer services in the company. Internal stakeholders are administrative stuff such as office clerk receptionist and secretary who are responsible for managing all the memo and information related to sell. They also manage and organize all the files associate with the company activities such asdraft messages, schedule appointments and support otherstaff. Other internal stakeholders are Owners and customer service staffs. Owners are responsible for investing and make critical decisions for enhancing the business. While Staffs are responsible to provide services to customers. They are responsible for assist customers to purchase any product or acknowledge them about the availability of any particular product. External stakeholders are the supplier and the customers. Supplier are responsible for supply products to AUTO ACCESSORIES and the customers purchase the products. AUTO ACCESSORIES main supplies are come from foreign companies. Mainly customers are car owners who are seeking for as parking assistance camera viewer,traffic recording camera,
6 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS decorative car stickers. Car owners who are looking for modification in their car and want to buy unique designed accessories are desired customer for Auto Accessories. Business Context Business context is a method utilized to analyze the business operation environment. While the environment scanning process mainly focuses on the macro environment, the context analysis consider the entire environment of an enterprise (SekaranandBougie2016). The environment here can also define as external and internal environment. Context analysis helps to gain insights in an organization by evaluating the strength and weakness. It also consider the opportunities and threats associate with current market to give the organization the clear view of the state their business currently operates. By doing so they can be familiar with the market and able to avoid any wrong decision that could affect the organization well-being in the future (Dalkir2013). They can also evaluate new opportunities to extend their business further. The main goal of this context is to analyze the environment in order to develop a strategic plan of action for the business. The business is facing numerous obstacle at current time in the deploying and managing process. They are facing heavily issue regarding customer interaction (Dalkir2013). Customer are unable to locate and purchase their desired product or services effectively. The only option available is to communicate with the staff member or visit the store. They previously use a little ICT technologies to interact with customer and executes their business plan. AUTO ACCESSORIES is currently in the growing process as their company is running on profit for their unique products sells. Car owner are heavily enthusiastic to getting new designs accessories in their car to enhance the driving experience. However they are lacking in
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
7 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS themanagement section. Their internal and external, goods or service management process is very ineffective. Their current weakness is the customer interaction as their business is growing, the number of customers is also increasing (Bentley,Omerand Sharp2013. It has been getting hard to fulfill all the customers query for the customer service staff. Customers are also facing obstacle to find their desired accessories. Other weakness is they also have poor management process. All the activates in the AUTO ACCESSORIES are not very organized as they only used a little Information and communication technology to carry out the business services such as sales, marketing, warehousing, purchasing, staff payroll and customer service management. Proposed Solution: For enhancing the customer buying experience is essential to stay in the competitive market. Some famouscompetitorsare already utilizingweb servicesto provide enhance customer services in order to gain more profit and customer loyalty (Witherspoon et al. 2013). AUTO ACCESSORIES immediately needs to expend their services to the online. An e- commerce website can be useful in this case. Customer can easily locate and buy the desire accessories from the online website. They can also check the availability of a particular product without visiting the store or talk with the customer service staffs. This will help them to achieve more profit by enhancing the customer managing services. Customers will be also satisfied as they can access the website from their phones or PC. AUTO ACCESSORIES can also evaluate new opportunities such as providing home delivery services and showcase their premium products in an effective and efficient way (Müller et al.2016).
8 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS Figure 1: implementation of online order system Source: (Author) The above figure illustrate the online order system which can be utilized to manage customer services in order to enhance the business. Business Process A business Process can be define as a collection of a structured tasks or activities which can be utilized to produce the desire goal. The mission is to achieve the business goals while utilizing the relation of the different process. There are certain process to organize the system these are mainly three types as operational process, management process and supporting process. Every business must follow this process to organize every activity and overcome difficulties. It
9 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS consist of sequences of several activities with interleaving decision points or as a process matrix of a sequence of activities with relevance rules based on data in the process (Ivers et al. 2015). Figure 2. Illustrate the business process associate with the system. It can provide a clear idea of management process and responsibility. There are several activities needs to consider in the current context described above. This process are consist of Customer Relationship, Employee development and satisfaction, the product quality and financial analysis. Other crucial task are Customer Acquisition, product development, accounting and technical management (Bentley, Omerand Sharp2013). Business process diagram Source :( Author) It also evaluate the relationship of the process (Hay2013). The world of e-business created a need to automate business processes across organizations, which in turn raised the need for standardized protocols and web services composition languages that can be understood across the industry. This process are also associate with each other. This figure illustrate the individual
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
10 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS activities that is essential to maintain in order to manage all the stakeholders in an effective and efficient way. Conclusion Every business needs proper management architecture in order to suitable execute all the business procedure. AA have the opportunity to grow their business as their unique product are gaining attention however their management system is very poor. The management is holding them back for proper amplification. After evaluating all the activities and opportunities of Auto Accessories. There are certain founding as follows. AUTO ACCESSORIES is known for the specialist in making attractive design of the accessories that helps them to grow their business over past two years. While their business is growing there typical administration system is getting robust as the system is unable to manage the business activities such as staff payroll, marketing, , purchasing, warehousing, , sales and customer service which are previously carried out with little use of information and communication technology (ICT). Now the administrative staffs are considering the needs and important of an effective administrative system. Other competitorsareextendingthereisbusinesstoonlineforbetterserviceswhileAUTO ACCESSORIES is facing problems to market products online. There typical system is producing many issues such as problem locating products, fulfilling customer request. For getting a desired products customers had to search all through the available products that is very time consuming. ICT can gradually help them to overcome this issue in order to gain more market insights. ICT can be useful in many different aspects to manage and monitor all the activities that can help to enhance the business and utilize new opportunities. In this decade the technologies are evolving rapidly, to compete in the evolving market utilization of this technology is essential.
11 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS Reference Bentley, K.A., Omer, T.C. and Sharp, N.Y., 2013. Business strategy, financialreporting irregularities, and audit effort.Contemporary Accounting Research,30(2), pp.780-817. Dalkir, K., 2013.Knowledge management in theory and practice. Routledge. Dalton, D.W., Buchheit, S. and McMillan, J.J., 2013. Audit and tax career paths in public accounting: An analysis of student and professional perceptions.Accounting Horizons,28(2), pp.213-231. Fleisher,C.S.andBensoussan,B.E.,2015.Businessandcompetitiveanalysis:effective application of new and classic methods. FT Press. Fletcher, M., Harris, S. and Richey Jr, R.G., 2013. Internationalization knowledge: What, why, where, and when?.Journal of International Marketing,21(3), pp.47-71. Habib,A.,2013.Ameta-analysisofthedeterminantsofmodifiedauditopinion decisions.Managerial Auditing Journal,28(3), pp.184-216. Hay, D., 2013. Further evidence from meta‐analysis of audit fee research.International Journal of Auditing,17(2), pp.162-176. Ivers, N.M., Grimshaw, J.M., Jamtvedt, G., Flottorp, S., O’Brien, M.A., French, S.D., Young, J. and Odgaard-Jensen, J., 2014. Growing literature, stagnant science? Systematic review, meta- regression and cumulative analysis of audit and feedback interventions in health care.Journal of general internal medicine,29(11), pp.1534-1541.
12 KNOWLEDGE AUDIT FOR BUSINESS ANALYSIS Ivers, N.M., Sales, A., Colquhoun, H., Michie, S., Foy, R., Francis, J.J. and Grimshaw, J.M., 2014. No more ‘business as usual’with audit and feedback interventions: towards an agenda for a reinvigorated intervention.Implementation Science,9(1), p.14. Müller, O., Schmiedel, T., Gorbacheva, E. and Vom Brocke, J., 2016. Towards a typology of business process management professionals: identifying patterns of competences through latent semantic analysis.Enterprise Information Systems,10(1), pp.50-80. Pucheta‐Martínez, M.C. and García‐Meca, E., 2014. Institutional investors on boards and audit committeesandtheireffectsonfinancialreportingquality.CorporateGovernance:An International Review,22(4), pp.347-363. Sekaran, U. and Bougie, R., 2016.Research methods for business: A skill building approach. John Wiley & Sons. Witherspoon,C.L.,Bergner,J.,Cockrell,C.andStone,D.N.,2013.Antecedentsof organizationalknowledgesharing:ameta-analysisandcritique.JournalofKnowledge Management,17(2), pp.250-277.