Strategic Information for Business and Enterprise

Running head: STRATEGIC INFORMATION FOR BUSINESS AND ENTERPRISE
Strategic Information for Business and Enterprise
Name of Student-
Name of University-
Author’s Note

STRATEGIC INFORMATION FOR BUSINESS AND ENTERPRISE1
Executive Summary
The report states the details business procedure of the Bell Studio company which
deals with the materials of art. It is the whole seller of art supplies and impart materials
from different countries like Australia, New Zealand, japan and China. This is one of the
largest company of art supplies whole seller. But this organization follows traditional
way of handling the business processes. All the transaction process are explained in
this report stating their data flow diagram and their system flowchart. There are many
internal weakness that are associated with the internal workflow of the organization.
Those internal weakness are defined in this report stating their associated risks in the
organisation.

STRATEGIC INFORMATION FOR BUSINESS AND ENTERPRISE2
Table of Contents
1. Introduction....................................................................................................................3
2. Data Flow Diagram 1.....................................................................................................4
3. Data Flow Diagram 2.....................................................................................................5
4. System Flowchart 1.......................................................................................................6
5. System Flowchart 2.......................................................................................................7
6. system Flowchart 3........................................................................................................8
7. Internal Control Weakness and Risk Associated..........................................................9
Conclusion.......................................................................................................................10
References.......................................................................................................................11

STRATEGIC INFORMATION FOR BUSINESS AND ENTERPRISE3
1. Introduction
This report consists of the case study that deals with the working procedure of
the Bell Studio. The Bell Studio is one of the leading organization of supplying art
materials and imports their raw materials from different countries like Australia, New
Zealand, Japan, and China. The system of Bell Studio that are explained in this report is
purchasing system, cash disbursement system, and payroll system. As the organization
follows central system for conducting the payroll system and uses computer based
system for conducting other processes. The organization also follows manual ledger
and reporting system for storing the data of the organization.
There are many other ways of conducting the business of Bell Studio. The
business process that are conducted in the organization has many faults and internal
weakness that might lead to some risks in the organization. The process that is
conducted in the organization is human based and there are many chances of occurring
human error in the process of organization. All those internal flaws are explained in this
report stating the risks that the company might face while dealing with the business
process (Haynes 2015). This report states the data flow diagrams of the transaction
process, the financial reporting system, and the reporting system is shown in this paper.
This report also shows the system flowchart of the sub-systems in the Bell Studio. The
internal weakness of the system are also explained in this paper that are faced in
operating such processes.