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Strategic Information System LITERATURE REVIEW1 INTRODUCTION 1 PART 11

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Added on  2020-06-04

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Most of the companies want to expand their business in various part of this world, globalisation helped many enterprises in earning more revenue but atthe same time it bring complexity in structure of a firm as well as in their business operation. Most of the companies want to expand their business in various part of this world, globalisation helped many enterprises in earning more revenue but atthe same time it bring complexity in structure of a firm as well as in their business operation. They have distributed their organisation in different parts

Strategic Information System LITERATURE REVIEW1 INTRODUCTION 1 PART 11

   Added on 2020-06-04

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Strategic information system
Strategic Information System LITERATURE REVIEW1 INTRODUCTION 1 PART 11_1
Table of ContentsLITERATURE REVIEW................................................................................................................1INTRODUCTION...........................................................................................................................1PART 1 ..........................................................................................................................................11. Organisational structure of API..........................................................................................12. Operational problems because of organisational structure ................................................23. Likely system acquisition method......................................................................................34. System flowchart for sales procedures...............................................................................45. Control problem and possible sort of fraud in above mentioned system...........................5PART 2 .......................................................................................................................................61. Developing and adopting accounting software packages...................................................62. Current market size.............................................................................................................63. Leader of market and source of competitive advantage.....................................................74. Challenges to the customer of accounting software...........................................................7CONCLUSION ...............................................................................................................................8REFERENCES................................................................................................................................9
Strategic Information System LITERATURE REVIEW1 INTRODUCTION 1 PART 11_2
LITERATURE REVIEWINTRODUCTIONModern accounting tools are necessary for success of an organization because they assistin recording and analysing complex data. Most of the companies want to expand their business invarious part of this world, globalisation helped many enterprises in earning more revenue but atthe same time it bring complexity in structure of a firm as well as in their business operation.American Pharmaceutical Industries (API) is a leading company of health and beauty careproducts. They are considered as the largest wholesale distributor for pharma commodities. Thisreport will discuss about their organisational structure and operational problems (Csaszar, 2012).System acquisition method will also become part of this file. Competitive advantage ofaccounting software will be explained at the end of this literature review. PART 1 1. Organisational structure of APICited company believe in having strong top level management. They have distributedtheir organisation in different parts, like merchandise, marketing, supply chain, pharma businessdevelopment, people. In this firm, there are five general manager for various major departmentswhich are mentioned above. They report to the managing director of enterprise who also holdposition of CEO. Besides these post, chief finance officer and chief information officer also playcrucial role in the process of decision making. API is a public company, they have to follow allthe regulations made by government in order to set good example in-front of other firms(Tavitiyaman, Qiu Zhang and Qu, 2012). Cited organisation has adopted functional structurewhere they have make various divisions on the basis of specialised taskforce. They believe indecentralisation and all the employees follow scalar chain principles. Managing director play1
Strategic Information System LITERATURE REVIEW1 INTRODUCTION 1 PART 11_3
crucial role in success of a company and according to Mr Peter Robinson (2017), Groupchairman, Mr Richard Vincent (Present CEO and MD) has necessary experience inpharmaceutical field and he can work in current organisational structure of the enterprise(Richard Vincent to replace Stephen Roche as Australian Pharmaceutical Industries CEO. 2017).2. Operational problems because of organisational structureCited firm has specialised department for every task. It is helping employees inperforming their work in an effective manner. But there are some troubles in adopting functionalstructure. Various division of this enterprise do not understand the work of other wings whichcan be considered as the main reason that sometime they start working against each other. Forexample sales department may need more people in their team but finance division can say nobecause of lack of funds. In order to fulfil individual target, they forget about goals of thecompany. Synchronisation of efforts can result in earning more profit (Fan, Wong and Zhang,2013). API is largest wholesale distributor in Australia, when a firm operates at such a huge levelthen they have to face difficulty in managing various functional areas. Culture and needs ofpeople are different in every part of the country, at the end, they work as a small enterprise ontheir own.Decentralisation create problems in decision making process as authority is available tomore than one people which sometime generate confusion among employees. It is a costliersystem because it include enhancement in administration cost, cited organisation has to selectpeople from lower level and than train them in order to make workers senior manager forupcoming time (Englmaier and Leider, 2012). Decentralisation can be considered as an extraexpenditure for a long period of time. 2
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