Strategic Information System for Business and Enterprise Report PPT 2022

Strategic
information
system for
business and
enterprise
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Marketing 1
Contents
Introduction................................................................................................................................2
Case overview........................................................................................................................2
Strengths in Rainbow illusion’s system for controlling sales transactions................................3
Problems that Rainbow illusion has avoided.............................................................................5
Situational pressures that would increase likelihood of fraud...................................................8
Reason for businesses to install a distributed computer system rather than centralized one.....9
Benefits of distributed computer system over centralized one............................................10
Conclusion................................................................................................................................12
References................................................................................................................................13

Marketing 2
Introduction
The report is prepared for Chief Executive Offer of Rainbow illusion with the motive to
analyses the processes, risks as well as the internal control majorly for its revenue cycle. The
report is consists of strength of illusion system majorly for managing the sales transactions.
Considering the strength, the problems have been prevented by company for incorporating
the strength is presented in report. In addition, it consists of the situational pressures that
might contribute in enhancing the changes for the fraud within the company. The major
factors which made the company to install the distributed system instead of the centralized
one are specified.
Case overview
The case study is related to the Rainbow illusion that operates approx. 30 retail chains in the
area of Victoria and New South Wales. The company majorly sells the ready-to-wear clothes
considering the need of females. The case study of the company is related to the sales
invoices that have been prepared by the salesperson through manual recording of the total
amount of sales, calculate the discount, sales tax and also prepare the total amount. Along
with this, the transactions done through cheque are verified by cashier who takes the
responsibility. Further, it reflects that the assistance manager form a daily reconciliation
report for the store managers review. Over all it shows controlling of sales transaction within
the company.

Marketing 3
Strengths in Rainbow illusion’s system for controlling sales transactions
The sales transaction within the company includes any sales income that occurs from any
particular customer (Brealey, Myers, Allen and Mohanty, 2012). It has been found in the case
study that Rainbow illusions consider the three types of the sales transaction which include
cash sales, cheque sales and bankcard.
 Rainbow Illusion company involves cashier as well as sales personnel who are young
people and perform the work within company as part-time due to which they get the
payment based on hourly wage plus a commission as per sales volume. This sales
volume makes them to control sales transactions that took place in company and
becomes strength for company. Along with this, the company tries to get high
commission on sales due to which they try hard to get the sales from the customers.
 Unsophisticated cash register are used by the Rainbow illusions which becomes there
strength as these registers are available with four-part sales invoices that contribute
effectively for recording each and every transactions (Shoup, 2017). In addition, the
sales invoices are majorly used regardless of any type of payment type either cash,
cheque or bankcard which makes the easy and effectively control of the sales related
transactions.
 Rainbow illusion strength is that there salesperson provides the invoice related to
sales to the cashier which makes them to retaining one copy in sales book. The cashier
will review the invoice as well as inputs the sale which becomes strength as the sales
are controlled in effective manner.
 The returns that are made by the customer are handled separated in exactly the reverse
manner with the cashier who issues the return slip to the customers which is strength
for Rainbow Illusion.