Strategic Information Systems for Business- Case Study
Added on -2019-09-24
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Strategic Information Systems for Business and Enterprise
Table of ContentsIntroduction................................................................................................................................2Strengths in Rainbow Illusion System.......................................................................................2Problems avoided through the strength of sales transactions.....................................................2Situational pressures which can increase the incidence of fraud...............................................3Distributed computer system rather than a centralised computer system..................................4Conclusion..................................................................................................................................5References.............................................................................................................................5
Case Study- Rainbow IllusionIntroductionStrategic information systems for business and enterprise plays a vital role in the efficiency ofthe organization (Wainwright, Reynolds and Argument, 2003). These are adopted by the companies to improve the effectiveness of their activities and operations. The development ofan information system has allowed companies to use specific software which can help in recording, storing, sharing and analysing information. This information is then used by the management of the organization for making vital decisions.The purpose of the report is to analyse the case study of Rainbow Illusion and prepare a report indicating the information system adopted by the company to manage financial operations. The software assists the company to record the transactions and integrate to other activities in the company. The revenue cycle of the company has been analysed and a report has been prepared for the CEO of the organization (Unpacking the business model with a mindset ready for strategic innovation, 2018). The benefits of such a system are identified and reported in the report. A study has also been conducted to understand why some companies may prefer a distributed computer system rather than a centralised one.Strengths in Rainbow Illusion SystemRainbow Illusions uses a manual approach to control sales transactions. It is a 30-year-old retail chain which employs a team of experts to record and handle the sales of the company. For example, the company uses four-part sales invoices to record the transactions (Chung, Tan and Koh, 2007). This manual process is cumbersome and lengthy but it has its own set ofadvantages:It is one of the traditional methods of calculating and recording sales transactions.The roles played by the cashier and the sales professionals are separate which allow them to complete their tasks effectively.The manager and the assistant manager hired by the company are employed on a salary basis which ensures that they perform to their maximum expertise.They use sequential numbering method for the cash register which helps in proper recording of data.All the important documents, bank cards, cash receipts, checks, cash registers and returns are properly recorded and maintained. The bills are generated one after the other which helps in continuation of the process.Rainbow Illusions use a manual system for recording the sale transactions of the company. The strengths identified above help in the successful recording of the transactions and generation of the records for future reference. These are then used for review of performance and planning for future activities. Problems avoided through the strength of sales transactionsThe strength identified in the above section indicates that the company has been able to avoid several problems related to sales transactions. Some of the problems which have been avoided for each of the strength include:
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