Strategic Information System

Running head: STRATEGIC INFORMATION SYSTEM
Strategic Information System
[Name of the Student]
[Name of the University]
[Author note]

1STRATEGIC INFORMATION SYSTEM
Table of Contents
Introduction:...................................................................................................................3
Part 1:.............................................................................................................................3
The Current organization structure:...........................................................................3
General Environmental Analysis:..............................................................................4
Political:.................................................................................................................4
Social factors:.........................................................................................................4
Economic factors:...................................................................................................5
Legal Factors..........................................................................................................6
Environmental Factors:..........................................................................................6
Technology:............................................................................................................7
The industry environment..........................................................................................8
Threat of New Entrants:.........................................................................................8
Bargaining power of the customers:......................................................................8
Competitive Environment:.........................................................................................8
Threats and Opportunities:.......................................................................................11
Opportunities:.......................................................................................................11
Threats:.................................................................................................................12
PART 2.........................................................................................................................12
Tangible and Intangible Resources:.........................................................................12
Capabilities identification........................................................................................13
Information System Solution...................................................................................14

2STRATEGIC INFORMATION SYSTEM
Evaluation of the proposed system..........................................................................14
References:...................................................................................................................15

3STRATEGIC INFORMATION SYSTEM
Introduction:
Commonwealth Bank of Australia is the organization which has been selected in
order to complete the report. The primary objective of the paper includes the presenting of an
in-depth analysis of the accounting packages which mainly includes the challenges that are
faced while using the accounting software. Accounting information system can be considered
to be a financial software which is customizable and is used by the business mainly for the
purpose recording, interpreting, processing and keeping a track of the financial data that are
listed along with the financial statements and the accounts (Commbank.com.au. 2019). Some
of the most commonly used financial statement includes the balance sheet, the cash flow
statement and the statement of income. Besides this another important factor is that the
businesses are capable of either purchasing the accounting software from the vendors or
might be associated with developing these internally. The accounting software which is
appropriate must be efficient, valuable and resources saving tool which would be responsible
for suiting the business needs and would also be easy to manage.
Part 1:
The Current organization structure:
The organization which has been selected for the analysis is the Commonwealth Bank
of Australia. This Bank is listed amongst the top four banks of Australia and is a public
limited company as per listed in the Australian Securities Exchange. Besides this
Commonwealth Bank of Australia is the largest multinational bank located in Australia and is
consisting of subsidiaries in many countries like U.K, USA, New Zealand, Fiji and Asia
(Hatton et al. 2017). The bank is responsible for offering financial services to the small
business owners as well as to personal clients. The organizational structure of the