Strategic Information System Of Rainbow Illusion Assignment 2022

Running head: STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION
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STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION1
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

STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION2
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

STRATEGIC INFORMATION SYSTEM OF RAINBOW ILLUSION3
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