STRATEGIC INFORMATION SYSTEMS FOR BUSINESS l ASSIGNMENT

Running head: Strategic Information Systems for Business and Enterprise.
Strategic Information Systems for Business and Enterprise.
Name of the student:
Name of the University:
Author Note:

STRATEGIC INFORMATION SYSTEMS FOR BUSINESS AND ENTERPRISE.1
Executive Summary
In this report the process, risk and internal control of the Rainbow Illusion Company are
discussed. It states about the six strength of the company and how these strength have
avoided the problems in controlling sales transaction. It states about the two situation in
a company which increases the probability of fraud. And at last this report included why
companies would choose decentralize control system compare to the centralized ones.

STRATEGIC INFORMATION SYSTEMS FOR BUSINESS AND ENTERPRISE.2
Table of Contents
INTRODUCTION...............................................................................................................3
DISCUSSION.....................................................................................................................4
Six strength of Rainbow Illusion................................................................................5
Problems avoided by incorporating the six strength..............................................6
Two situational pressure which increase the probability of fraud.........................8
Choosing Decentralized Control System compare to Centralized one’s..............9
CONCLUSION.................................................................................................................10
REFERENCE LIST..........................................................................................................12

STRATEGIC INFORMATION SYSTEMS FOR BUSINESS AND ENTERPRISE.3
INTRODUCTION
Information System Technology is essential today for every business in world. In
simple words it help corporates and organization to store, process, allocate the data
which they developed and receive. It basically comes with analytical tools and data
which help organization to find solutions and opportunities for business (Nofal and
Yusof 2013). In other words it enhances the organization way of doing business for the
betterment of the company’s future. It come with tactics tools which help in to find
solution and cope up with such changing world in corporate environment. There are
basically three types of information system strategies like Transaction Processing
System, Enterprise Collaboration System, and Process Control System. Rainbow
Illusion having 30 chain store at New South Wales and Victoria which sells readymade
clothes for young females. And each of the 30 store have a full time manager and
assistant manager who are generally experience person in their field. Stores have
young people for cash counter and sales team for handling the sales department. It
discussed about six strength for controlling sales transaction, the problem which
avoided by the Rainbow Illusion, the situation which can create fraud in a company, and
explanation of why some companies will choose to install Distributed computer system
compare to the central ones (Belfo and Trigo 2013). And at last it included the
conclusion of all discussion to state the view for the Rainbow Illusion.