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Strategic Information System Of Rainbow Illusion Assignment 2022

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Running head: STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
Name of the student:
Name of the university:
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1STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
Table of Contents
1.0 Introduction..........................................................................................................................3
2.0 Strengths in Rainbow Illusion system for controlling sales transaction..............................3
3.0 Problems avoided by Rainbow Illusion...............................................................................6
4.0 Situational Pressures............................................................................................................7
5.0 Reasons for distributed system architecture.........................................................................8
6.0 Conclusion............................................................................................................................9
7.0 References..........................................................................................................................11
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2STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
1.0 Introduction
Rainbow Illusion is one of the identified retail chain industry that deals with the ready
to wear or readymade clothes mainly for the females. This organization possesses 30 stores
within the areas of Victoria and New South Wales. The individual stores of the organization
comprises of a full time manager as well as an assistant manager that deals with the cash
payments which are carried out within the organization with respect to each payment type.
The revenue cycle of the organization thus faces a severe loss of the financial stages, which
are to be analysed and further the solutions are to be identified. The management of the
organization tries to use a distributed computer system rather than the centralised one.
The report mainly deals with the overall aspects of strategies that are associated with
the information systems of Rainbow Illusion. The focus of this report will be on the important
strengths in regards to the transaction methodologies, which persists with the environment of
the organization. The noteworthy methodology that is analysed as the strength of the
organization is depicted as per the issues or the problems faced by the organization in respect
to control the online transaction of sales. The next significant section that is identified in
respect to the organization of Rainbow illusion are the situational pressures that may increase
the likelihood of fraud. The most important section that will be highlighted within this report
is the installation of the distributed computer systems rather than a centralised one.
2.0 Strengths in Rainbow Illusion system for controlling sales transaction
The first significant strength that is identified in respect to this organization is
depicted as the usage of the cash registers, which involves a four-stage process for recording
each of the transaction that is being held within the environment of the organization. This
record is being kept regardless of their payment type that is if the transaction is made through
cash, cheque or bankcard. The invoices in respect to the transactions made are critically
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3STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
reviewed by the cashier present within the store thus addressing the confirmation of the sale.
The significant sale is then registered within the sales book that are maintained digitally
(Hanke et al., 2018). The next stage that is adhered in respect to the transaction is depicted as
the procedure of verification of the transaction invoice. The cash register present within the
transaction system of the organization thus validates the transaction invoice mechanically.
After this validation, the register automatically provides an auto generated number, which
will help the organization top keep a track as well as search for a particular transaction in an
easy way (Levandoski et al., 2015). This process is identified as one of the significant
strength of the overall transaction procedure that are carried out by the Rainbow Illusion
retail stores.
The next prominent strength that is identified within the transaction system of the
organization is the analysing the overall credit approval regarding the sales which are paid in
via cheque payment method. The cashier is responsible for effectively carrying out the
overall procedure in regards to the respective cheque payment mode (Hirschman, 2015). The
cashier effectively confirms the transaction to be successful after carrying out the overall
validation in regards to the cheque provided by the customers. The significant invoice in
regards to the transaction possesses of two copies, one is provided to the customer and the
other one is kept by the organization for maintaining a track of the transactions that are done
via this payment mode (Chakraborty et al., 2016). The noteworthy tracking facility of the
payment transactions thus adhering them for future references is one of the important factor
associated with the organization of Rainbow Illusion.
The overall transaction that is the sales as well as return slips in accordance to the fact
of the product sale and return of the product that are being purchased from the store. The
significant return policy of the organization performs the refund procedure effectively as per
the payment mode (Chen, Agrawal and Kumara, 2015). This is handled effectively as the

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4STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
project manager manages every transaction by keeping an enhanced track of every
transaction associated with sale as well as refund with the help of transaction tracking
mechanisms. This is effectively processed with the help of tracking mechanisms that is
significantly adhered by the organization for maintaining the overall transaction done by the
customers with the organization as well as the refund of the transactions if asked by the
customers (Meents and Verhagen, 2018). The daily reconciliation report prepared by the
assistant manager of the organization keeps a track of the overall transaction that are being
credited as well as debited from the account of the organization thus verifying each
transaction. This will also help the organization to maintain a significant track of the overall
products that are sold as well as returned back by the customers with the help of the
significant transaction number associated with the invoice of the product.
The next strength that is depicted with the overall transaction system of Rainbow
Illusion is stated to be the daily deposit report of the sales in respect to bank that are
maintained by the manager as well as prepared by them. The invoices of the credit card sales
is included within this deposit framework (Lo, Lin and Hsu, 2016). Moreover, the manager
prepares this report adhering all the sales or purchases that are made by the customers with
the help of the credit card. This will help the organization to keep a track of the overall
transactions thus focusing on the debit as well as credit of the money with respect to the
organization’s bank account. This will help the accounts department of the organization to
maintain a track of the overall sales with respect to the number and amount of sales as well as
refund that took place on each individual day (Ports et al., 2015). This will help the
organization to maintain an overall track of the purchases and sales inn an month thus further
building a database of a whole year. This is significantly important in respect to the fact that
the database can analyse the overall transaction that has happened with the organization thus
enhancing the search procedures in the near future.
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5STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
The most significant strength that is adhered by the organization is depicted as the
different personnel associated with the different processes of the transaction management
system within the organization of the Rainbow Illusion. This helps the smooth execution of
the overall processes associated with the transaction system that are required by the
organization for maintaining the track of the overall purchases as well as sales in respect to
the products associated with the organization (Stanciu, 2017). The significant work that is
done by the manager, assistant manager, the accounts department as well as the usage of the
effective methodologies such as the cash registers, the usage of the sales book, the daily bank
deposit report of the bank are significant and error free as a single individual is associated
with a single stream of work.
3.0 Problems avoided by Rainbow Illusion
This section of the report will deal with the sustainable issue that the organization of
ready cloth retail sore, Rainbow Illusion faces while they carry out a transaction in respect to
their product sales. The focus of this section will be mainly on the issue that persists with the
transaction systems associated with the organization. This will enhance the organization to
mainly deal with the flaws in the transaction methodologies that persists within the
organization (Silver et al., 2017). The problem that was firstly highlighted is that the store
accepted only cash method of payment. Therefore, it was to be manually maintained by the
usage of the manual registers thus it was difficult to maintain an overall track of the
purchases within the organization. To enhance this procedure as well as safe tracking of the
overall purchases and sales are significantly adhered. Thus, the organization tried to
implement more number of payment methodologies such as card payment both debit as well
as credit, cheque payment and the significant method for the refund process as well. This
enhanced the payment mode of the customers associated with the organization (Gauri et al.,
2017). In regards to this fact, it became very easy for the organization too to keep a track of
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6STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
the overall transactions that happens within the environment of the store. The significant
division of the payment methodology states the fact regarding the ease of shopping that are
associated with the organization. In addition to this, the usage of the cash registers are used
for keeping a safe track of each type of transaction that is the mode of the payment by the
customers. The significant payment modes are then verified by different personnel associated
with the organization thus making them to keep a track of the overall transactions happening
in the stores (Mani, Kesavan and Swaminathan, 2015). The associate managers as well as the
various departments that processes the different transactions helps the organization to
maintain a safe track of the perceived transactions in regards to the customers. The
maintenance of the overall transactions data was an identified issue associated with the
organization (Puthal et al., 2018). The cash register that are used by the organization sets to
provide an acknowledgement to the significant transactions thus depicting the successful as
well as dispute transactions in respect to the overall system. This will help the organization to
amplify their business environment thus adhering the overall goals of the organization.
4.0 Situational Pressures
The first effective situational pressure that is identified in regards to the organization
of Rainbow Illusion is the squeeze of the profit that is significantly solved with the help of
the cash registers and other technical measures that are associated with the organization. In
addition to this, the organization may have come across the overall infrastructure of the
transaction management that may tend to decrease the profit due to the haphazard
management of the transaction data (Wei et al., 2015). If the overall transaction management
is not effectively managed or manually managed then the ability to acquire the credit of the
overall store purchases as well as sales. Moreover, the long cycle of the business may tend to
be hampered in regards to the disruption in the transaction management system.

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7STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
The next significant pressure that is being highlighted in the context of the Rainbow
Illusion organization is the unfavourable economic condition that persist within the
organization in regards to the manual transaction system (Chen and Mersereau, 2015). This
also decreases the level of receivables among the purchase and sales transactions. The most
prominent situational pressure is identified when there is significant loss in the backlog of
sales thus adhering the transaction system. These situations must be handled by the
departments associated with the organization so that the overall transaction management
system can provide the organization as well as their customers with a great amount of profit
to cope with the scope as well as the goals as perceived by the organization.
5.0 Reasons for distributed system architecture
On the first place, the architecture of distributed system is depicted as a collection of
the autonomous elements of computing which significantly appears as a single individual
coherent system to their potential customers. An organization like Rainbow Illusion must use
the format of the distributed computer architecture within their framework of business for the
enhancement of the profit associated with the business (Somerville and Bruce, 2017). The
significant usage of this architecture will be very beneficial for the organisation in respect to
the maintenance of the overall transaction system. This architecture provides the organization
with the potential facility that they can be carried out by using high performance computer
system to small devices such as mobile phones associated with the sensor networks. This
architecture mainly supports the technology of node-to-node transfer of data and the potential
transfer of data is independent within each individual node (Wu, 2017). The concept of
overlay network depend on the fact that the computing systems may enhance the overall
execution of the transactions that occurs within the environment of the organization.
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8STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
The next important concern about the usage of the distributed system architecture is
that it has a coherent architecture that allows any organization to handle the overall data to be
effectively processed as well as control the data within a single computer network. This will
enhance the transaction system of the overall purchases and sales to be maintained in an
effective manner. Moreover, the significant property in respect to the coherent characteristic
is dependent on the transaction perceived on each node that may accumulate the overall
transaction system occurring in an organization (Sari and Akkaya, 2015). This may further
lead the organization to develop an overall transparency of the transactions and their payment
methodologies that are availed by the customers while purchasing a product from the store.
The distributed system architecture tends to provide the organization with a single module of
the data depository within the overall server of the organization (Salah et al., 2016). This
leads the organization as well as the customers to deal with the overall products and thus
making an ease of access to the payment systems for the enhancement of the organization
with the transaction methodology that persists within their business.
As the transaction systems deals with huge financial queries then the security of the
transactions are also necessary. The usage of the distributed system architecture depends on
the fact that the organizations are provided with an enhanced level of security thus providing
the organization with the facility of enhanced security (Kolli et al., 2016). The distributed
system architecture is set to provide an enhanced level of security to the organization of
Rainbow Illusion thus providing the transaction system to be effective to the organization as
well as the customers that are dealing with the purchase of the goods from the stores.
6.0 Conclusion
Thus, the organization of Rainbow Illusion is depicted to be using the various
transaction methodology for carrying out the overall transaction within the stores. This will
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9STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
adhere the different payment methodologies that are used by the different customers for
paying the bills of the purchases made by the customers within the store. The significant
situational pressures that may tend to hinder the overall execution of the processes within the
organization of Rainbow Illusion. In addition to this the important strengths associated with
the organization is stated to be the fact that will enhance the procedure of the transactions
within the stores. The different modes of the payment used by the store to their customers is
depicted as the organization’s significant strength that attracts more customers to purchase
from these stores. The implication of the distributed computer system helps the organization
to cope with the overall constraints of the transaction methodologies that persist within the
office premises. Thus, it can be concluded that the organization of Rainbow Illusion is
significantly dependant on the different transaction methodologies as well as with the
implementation of the distributed architecture the organization may be enhanced in regards to
their profit, further leading the organization to cope with the customer satisfaction.

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10STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
7.0 References
Chakraborty, R., Lee, J., Bagchi-Sen, S., Upadhyaya, S. and Rao, H.R., 2016. Online
shopping intention in the context of data breach in online retail stores: An examination of
older and younger adults. Decision Support Systems, 83, pp.47-56.
Chen, C.B., Agrawal, D. and Kumara, S., 2015. Retail Analytics: Market Segmentation
Through Transaction Data. In IIE Annual Conference. Proceedings (p. 1034). Institute of
Industrial and Systems Engineers (IISE).
Chen, L. and Mersereau, A.J., 2015. Analytics for operational visibility in the retail store:
The cases of censored demand and inventory record inaccuracy. In Retail supply chain
management (pp. 79-112). Springer, Boston, MA.
Gauri, D.K., Ratchford, B., Pancras, J. and Talukdar, D., 2017. An empirical analysis of the
impact of promotional discounts on store performance. Journal of Retailing, 93(3), pp.283-
303.
Hanke, J., Hauser, M., Dürr, A. and Thiesse, F., 2018. Redefining the Offline Retail
Experience: Designing Product Recommendation Systems for Fashion Stores. In ECIS (p. 1).
Hirschman, E.C., 2015. Consumer Payment Systems: Conceptual and Empirical Perspectives.
In Marketing Horizons: A 1980's Perspective (pp. 198-203). Springer, Cham.
Kolli, A., Pelley, S., Saidi, A., Chen, P.M. and Wenisch, T.F., 2016. High-performance
transactions for persistent memories. ACM SIGPLAN Notices, 51(4), pp.399-411.
Levandoski, J., Lomet, D., Sengupta, S., Stutsman, R. and Wang, R., 2015. High performance
transactions in deuteronomy.
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11STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
Lo, L.Y.S., Lin, S.W. and Hsu, L.Y., 2016. Motivation for online impulse buying: A two-
factor theory perspective. International Journal of Information Management, 36(5), pp.759-
772.
Mani, V., Kesavan, S. and Swaminathan, J.M., 2015. Estimating the impact of understaffing
on sales and profitability in retail stores. Production and Operations Management, 24(2),
pp.201-218.
Meents, S. and Verhagen, T., 2018. Reducing consumer risk in electronic marketplaces: The
signaling role of product and seller information. Computers in Human Behavior, 86, pp.205-
217.
Ports, D.R., Li, J., Liu, V., Sharma, N.K. and Krishnamurthy, A., 2015. Designing distributed
systems using approximate synchrony in data center networks. In 12th {USENIX} Symposium
on Networked Systems Design and Implementation ({NSDI} 15) (pp. 43-57).
Puthal, D., Malik, N., Mohanty, S.P., Kougianos, E. and Das, G., 2018. Everything you
wanted to know about the blockchain: Its promise, components, processes, and problems.
IEEE Consumer Electronics Magazine, 7(4), pp.6-14.
Salah, T., Zemerly, M.J., Yeun, C.Y., Al-Qutayri, M. and Al-Hammadi, Y., 2016, December.
The evolution of distributed systems towards microservices architecture. In 2016 11th
International Conference for Internet Technology and Secured Transactions (ICITST) (pp.
318-325). IEEE.
Sari, A. and Akkaya, M., 2015. Fault tolerance mechanisms in distributed systems.
International Journal of Communications, Network and System Sciences, 8(12), p.471.
Silver, L.D., Ng, S.W., Ryan-Ibarra, S., Taillie, L.S., Induni, M., Miles, D.R., Poti, J.M. and
Popkin, B.M., 2017. Changes in prices, sales, consumer spending, and beverage consumption
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one year after a tax on sugar-sweetened beverages in Berkeley, California, US: A before-and-
after study. PLoS medicine, 14(4), p.e1002283.
Somerville, M.M. and Bruce, C.S., 2017. From transaction to transformation: Organizational
learning and knowledge creation experience within Informed Systems.
Stanciu, A., 2017, May. Blockchain based distributed control system for edge computing. In
2017 21st International Conference on Control Systems and Computer Science (CSCS) (pp.
667-671). IEEE.
Wei, X., Shi, J., Chen, Y., Chen, R. and Chen, H., 2015, October. Fast in-memory transaction
processing using RDMA and HTM. In Proceedings of the 25th Symposium on Operating
Systems Principles (pp. 87-104). ACM.
Wu, J., 2017. Distributed system design. CRC press.
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