TACC403 - AIS Report: Development of a 3D Scanning Application

This report outlines the creation of a new 3D scanning application, detailing the structuring business process and key decisions for successful entrepreneurship. It examines the information needed, including social values and internationalization strategies, and the business processes to engage in, emphasizing opportunity-driven approaches and resource management. External parties for idea exchange are identified, along with the types of information to be received and sent, focusing on QR code integration. The report also explores external funding sources such as microfinance and government aid, and addresses securing, legal, and ethical issues related to software development and data systems ethics. The report concludes with recommendations for ensuring the application's success and ethical operation.

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ASSIGNMENT: TACC403 – ACCOUNTING INFORMATION SYSTEMS
Assignment Title
Student’s Name
Student Number
Course Code & Title
Due Date

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Executive Summary
Creating a new business involves the transformation of knowledge and ideas into an
opportunity, which also entails the application of missions and visions. During this process of
entrepreneurship, various key objectives are examined, considering barriers that are evident
during the procedures that will assure the success of the venture. This report considers the
creation of a new scanning application, whereby the relevant structuring business process will
be applied. The method of structuring a new business is incited by an individual or partners in
the venture which sorts the possibility to launch the business, expecting expected challenges.
These key stakeholders and partners are considered as business representatives. The term
enterprise is a wide term that can be connected for setting up an organization and it
additionally should happen in set up business process. Launching scanning application
software is obliged to illustrate the development of scanning systems in the world today. To
effectively launch the business, entrepreneurs need to evaluate the necessary business idea,
gather the necessary resources and collecting funds for business start-up.

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Table of Contents
Executive Summary...................................................................................................................2
Introduction................................................................................................................................4
Key Decisions to be Successful Entrepreneurs..........................................................................4
Information Needed...............................................................................................................5
Business Processes to Engage In............................................................................................6
External Parties to Exchange Ideas With...................................................................................6
Information Received and Sent..............................................................................................7
External Sources of Funding &: How to Approach Them.........................................................7
Securing, Legal and Ethical Issues from the Development & Use of Software Application....9
Conclusion................................................................................................................................13
Recommendation......................................................................................................................13
References................................................................................................................................14

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Introduction
Entrepreneurship is necessary for individuals to launch a new business. As a result, this paper
considers the aspects needed to launch a new 3D scanning application in the computing
industry using a $10,000 start-up price to starting the company. The new mobile phone
application is speculated to be profitable, which means that a suitable business plan is
necessary to make the business go successful. The development the plan also considers the
key competitors and legal & ethical matters to effectively launch the business.
Key Decisions to be Successful Entrepreneurs
Parties to the new 3D scanning Application program are ordinarily assessed and chosen
dependent on key decisions and permission criteria. This strategic procedure guarantees that
critical evaluation of the business decisions is vital for the company’s profitability. Moreover,
permission, legal and ethical criteria are regularly created and adjusted in arrangement with
the achievement measurements, objectives, and goals, or even the statistical surveying
discoveries explicit to the association and separate of the nearby business condition. Key
decisions can incorporate the assessment of the successful entrepreneurs; these include:
 Quality of the pioneering group (e.g., capacity to "plan for an impressive future,"
energy, advancement, the executives' experience, and business astuteness);
 The legitimacy of the business case (e.g., uniqueness of the thought, adaptability,
worldwide and nearby market estimate, interoperability, item versus administration
direction, the presence of a reasonable leave methodology, and upper hand) (Bateman
& Snell, 2013);
 Existence and nature of accomplice connections; and
 Maturity of the business adventure (e.g., pre-creation, model finished).

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Information Needed
The designers of the scanning application need to apply certain social qualities. Social
qualities incorporate inventiveness, inclusivity, and obligation. The hierarchical culture of
labs fluctuates incredibly as per the provincial socioeconomics, social standards of the nation
and the elements caused by the plan of the action (McCrea, 2013). In any case, numerous
hatcheries incorporated into the investigation detailed that they endeavour to empower
conditions that esteem inventiveness, inclusivity, obligation and the assurance of licensed
innovation.
Entrepreneurs should consider applying Internationalization as a development methodology:
The changing innovating world call for organizations to grow universally. The business
launcher in the information systems is important that their activities cultivate business and
know about factor as mechanical change and market necessities. Having an enterprising
vision inside the firm builds the odds for accomplishment in remote markets. Enterprise can
likewise be alluded to as the exercises, formal and casual, went for expanding development
and wandering by an organization.
An entity should be cognizant to developing chances and global markets so as to perceive
characterize and examine chosen venture (Cejda & Jolley, 2014). Fundamentally, when
organizations point towards global development, a few difficulties must be overseen and
ventures must know about the authoritative aptitudes to be learned by putting and creating
centre skills in far off business sectors. Business enterprise empowers an organization to
convey a more noteworthy incentive to its clients, investors, and partners. Creating and
executing an imaginative and compelling worldwide system speaks to an upgrade of the
aggressive position in global markets (Cejda & Jolley, 2014). Normally, firms that grow
globally pursue principally two examples: adjusting their residential merchandise or

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administrations to suit universal clients or by applying their home practices into worldwide
markets.
Business Processes to Engage In
Entrepreneurs indicate that the innovative procedure includes every one of the capacities,
exercises, and activities related with perceiving openings and making associations to seek
after them (Anwar & Ali, 2018). Since this procedure is reliant on occurrences, for example,
a business thought, assets accessible, individuals included or the business it is difficult to
recognize the start or the finish of the procedure, which now and again is viewed as an
iterative procedure, which returns and forward and in certain events is rehashing itself.
Scientists see that notwithstanding the contrasts between the endeavours, business visionaries
or the area, fruitful organizations have qualities regular which can be assessed, adjusted and
affected. (1) They are opportunity driven (2) they are driven by a business visionary or by an
innovative group (3) they are imaginative and have confined assets (Barringer, 2013).
The Timmons Model of the Entrepreneurial Process demonstrates the harmony between three
fundamental elements that ensure enterprising achievement; these substances are a chance,
assets, and the group. The business visionaries must utilize their capacity to deal with the
elements since they will move in a dynamic domain. Moreover, to have comprehension and
parity to all; the marketable strategy will set the correspondence code between the three main
impetuses.
External Parties to Exchange Ideas With
External parties involved in the venture include: Informatics Engineer and the business group
to begin the last creation/coding of the portable application. This organization will give a
more extensive view of the start-up and begin with the formation of the various assignments
expected to dispatch the task.

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 Do a last check of the entire item to guarantee a legitimate dispatch.
 Choose the correct channel to declare the item. Actuate few yet exact channels that
will achieve the intended interest group such that they will need to utilize the item.
 Activate the business group. Start the promoting efforts; begin arrangements with
colleges that are potential customers and colleagues. Make attention advertisements
and stands to get our item known to general society, just as to continue getting input
for further improvement.
 Open exchanges and arrangements with Venture Capital like Cabiedes and Partners,
Caixa Capital Risk; or Accelerators and Incubators in Barcelona, for example, Seed
Rocket, Wayra, Barcelona Ventures or 101 Startups.
Information Received and Sent
Thinking about every conceivable innovation accessible for the application, the data being
sent and got will be to consolidate the QR Codes. The principal explanation behind it is that
fits with the rationality of the organization: QR Codes are basic, quick and viable. Likewise,
the second key factor is that making QR codes themselves does not cost anything, and
introducing the innovation is both less expensive and progressively flexible. The most
significant is universality. The purpose of-offer terminal doesn't need to be anything unique
equipment astute. Any cell phone needs just programming to produce and peruse QR codes.
External Sources of Funding &: How to Approach Them
 Obtaining Loans from Microfinance Providers or NBFCs
Micro-finance providers offer loans to business people who need access to traditional
financial capital or credits. People with poor FICO assessments see microfinance
establishments as a break at whatever point they are out of support by ordinary banks.

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Non-Banking Financial Corporations (NBFCs) give out advances to people who look for
advances, without essentially forcing any lawfulness like customary banks and credit fix
administrations do.
 Government Aid – Start-up Capitalization
Government grants which offer start-up capitalization are relevant since they help
entrepreneurs to finance their new businesses. You are required to present an arrangement
that can be acknowledged by the governing panel. When your arrangement has been
examined and affirmed, you will be furnished with the assets to fire up your business.
While giving the poor ledgers could bring numerous advantages, it is valuable to make a
stride back and consider a definitive objective. Albeit formal banks might will and ready to
open ledgers for everybody and in this manner give the innovation by which the poor could
direct money related exchanges, the basic issue is that the poor have constrained access to the
formal account. While banks might be eager to course exchanges through the new financial
balances, they are probably not going to need to begin loaning to all their new record holders.
As is notable, formal banks think that it is hard to distinguish the great borrowers.
Government-drove rustic credit programs have to a great extent fizzled on the grounds that
they are unfit to boost the borrowers to reimburse. The PMJDY, as at present planned, is
probably not going to take care of this issue. In any case, as we contend underneath, only
giving access to fund in rustic regions is additionally insufficient. It is significant likewise to
think about whom inside the rustic settings gets get to and on what terms. That, thus, impacts
how the fund is used, and its impact on the improvement markers that we care about.
Microcredit, both as conveyed by microfinance organizations (MFIs) and by bank-financed
self-improvement gathering (SHG) plans, has essentially improved the poor's entrance to

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credit and has done as such in a monetarily manageable way. It uses creative methods for
outfitting nearby connections and social money to recognize poor however trustworthy
borrowers and boosts them to reimburse their credits. Reimbursement plans are unbending
and portions are expected at a high recurrence, frequently beginning only half a month after
the advance is given out.
Gatherings are mutually at risk for credit reimbursement, which energizes escalated checking
by companions, and by MFI and bank authorities, and disheartens a borrower from putting
the advance in unsafe tasks. Be that as it may, farming is a hazardous business, and most
horticultural activities have generally long development slacks. For most money crops,
incomes are acknowledged just three or four months subsequent to planting, thus if the
credits are utilized for rural working capital, borrowers must discover other (exorbitant)
approaches to stay aware of their reimbursements. This can comprehend later test results that
microcredit does not fundamentally expand the frequency of business enterprise or of gainful
exercises that reason livelihoods to increment.
Securing, Legal and Ethical Issues from the Development & Use of Software Application
Data Systems Ethics
Ethical standards are featured by comprehensive and suitable standards, which govern an
individual or an organization to do its business in the best manner (Cejda and Jolley, 2014).
From the start of human and business development, the analysis of moral conduct, including
their effects have been applied to study how activities should be done in the right was.
However, what are these moral or ethical standards, which entrepreneurs should follow?
Creating a new business includes the consideration various aspects of innovation, which
considerably affects behavioural conduct of individuals in business.

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To launch the new 3D scanning application, it is relevant to consider various factors in the
complex and competitive business environment. Various companies are faced with different
ethical issues, which signal the relevance of formulating ethical codes of conduct. These
standards will enable the future employees to effective operate the new business since there
are some of the principles they need to follow. With the new business waiting for a launch, it
is the entrepreneurs’ responsibility to formulate management-oriented codes of ethics that are
fundamental to enable the new business to be successful.
 Essential Ethical Matters: The most essential and fundamental ethical consideration
that the new business should be ready to face it the incorporation of business trust and
integrity. The major consideration of integrity includes the ideology to launch and run
the business in an honest and fair manner. In case clients thinks that the new business
is displaying an resolute obligation to ethical best practices, honesty and trust between
the product’s developers and the business should be developed. Therefore, enhancing
the level of trust between the entrepreneurs and the developers or employees is a key
success factor to the new scanning application business waiting to be launched.
 Diversified and Ethical Workforce: The present and potential workers are a
diversified group of individuals who should be treated with respect considering
ethical standards set to govern the business operations. The response to the ethical and
diversity workforce starts with selecting workers, and present equal chances,
including training programs to all the workers. This makes the new workforce to
enjoy working in a respectful workforce since their contributions will be recognized
easily. Moreover, the contributions of the software’s developers, employees and
relevant stakeholders are relevant for the success of the new business.
 Decision-making concerns: The most vital means of exploring ethical concerns and
identifying principal ethical actions entails evaluating all the best practices, collecting

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fundamental business facts and testing key decisions reflecting on potential outcomes
after launching the new business. To effectively apply this ethical action, it is relevant
to focus on how the employees’ interest will be fulfilled, including protecting them to
ensure all the business operations are done in the most fair and honest manners.
Moreover, employees’ rights, beliefs and privileges should be considered in this
ethical consideration.
 Compliance to laws and other government concerns: The new business is expected to
abide by the relevant federal, environmental laws and safety regulations. As a result,
monetary and fiscal procedures are applicable when launching the new business in
order to monitor its profitability. For instance, the Aluminum Company of America
action to ethical compliance ensures that no worker breaks any laws or no one goes
against the corporation’s policies, procedures or value. As a result, it is relevant for
the new company to show commitment in implementing ethical standards and
corporate governance. In reference to the Aluminum Company, its offices, directors
and executives conduct their activities according to laws and policies set by the
company (Brandenburg and Minge, 2018).
The new business should obtain proper business licence, which is a permit document from
the federal government. Without this legitimate business permit, the new business will lack
its authenticity in the innovation world. In that regard, entrepreneurs should not ignore
getting a legal business challenge since it might have a significant challenge especially in
running the business permanently in this competitive computing world (Cornwall, Callahan
and Wee, 2015). Therefore, the new business should consider collecting its license, which
should be its first priority before doing anything.
Moreover, the new company should follow appropriate procedures for recruiting its
workforce. On the other hand, the utility of a wrong method to choose workers can gave a

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serious impact on the management of the company since there might be some incompetent
individuals employed. Moreover, unethical workers can also defame the new business within
no time among the company’s clients. As a result, this also raises an ethical concern. Indeed,
a strong workforce is a building block for a firm business whereas incompetent staffs weaken
the foundation of the new business.
The new business should also consider securing its business trademarks, which are a
representation of the venture to the relevant clientele and customers. The start-up venture
does not consider the safeguarding of trademarks a fundamental factor. However, it can lead
to fundamental legal concerns of trademarks infringements (Wilensky, 2015). This legal
issues critically shakes the establishment of the new business if not proper trademarks are
obtained. Moreover, it can have a significant implication on the company’s sales and position
in the competitive market since a lot of funds are required to retrieve the trademark.
Lastly, the new venture should critically outline its policies correctly. Mostly, starting a new
business should consider applying the relevant policy frameworks. Some company have
proper policy books, but neither do they critically define the companies policies nor remind
the worker of ethical issues to consider (Adam, 2016). Thought this might sound
insignificant, it is vital to clearly set the policies that define the new business. Without this
action put into action, the venture can be subjected to more illegal and unethical issues from
its workforce. Moreover, the new scanning application can be subjected to potential risks of
hackings, which might as well expose important company’s data since there are not clearly
defined policies set by the company. Apart from facilitating the downfall of the new business,
it can as well lead to potential issues will enabling the company to withstand the pressure
from other computing companies.

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Conclusion
Rapid transitions in the sector of data technology are the past years have prompted the
necessity to launch a new business. In that regard, creating a new 3D scanning Application
opens up chances to create more money and competition in the sector of information
technology. These new abilities required attentive examination, including the introduction of
new guidelines, laws and standards. It is prescribed that more examination of data innovation
ought to be analysed. In this way, it is pertinent for bookkeepers to perceive the manners in
which firms are protected to effective manage different firms’ activities.
Recommendation
Companies need to apply entrepreneurial thinking skills and autonomy to enhance the process
of the venture and innovation. The structure of the organization is essential to be
contemplated; on one hand, the utilization of a top-down methodology offers the Pioneers the
chance to motivating force business, yet the best thoughts originate from a base up
methodology and should be tuned in by top. For creativity, as one of the real parts of
innovative exercises, endeavours ought to be coordinated to discover openings and unique
arrangements that will turn out to be new items and administrations. It is critical to think
about that notwithstanding when ingenuity can be the wellspring of advancement; it may take
a few assets without delivering a noticeable outcome. The launching of a new business also
includes the consideration of R&D speculations.

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References
Anwar, M., and Ali, S., 2018. Managerial Networking and Business Model Innovation:
Empirical Study of New Ventures in an Emerging Economy. Journal Of Small Business &
Entrepreneurship, 3(4), pp.1-22.
Barringer, B., 2013. Launching a business. New York, NY: Business expert Press.
Bateman, T., & Snell, S., 2013. Management. New York, NY: McGraw-Hill Irwin.
Brandenburg, S., and Minge, M., 2018. Epos – an instrument for the assessment of the ethical
position in software development. Theoretical Issues In Ergonomics Science, 20(2), pp.153-
165.
Cejda, B., & Jolley, M., 2014. Entrepreneurship: The College as a Business Enterprise. New
Directions For Community Colleges, 2014(168), pp. 91-101.
Cornwall, J., Callahan, D., and Wee, R., 2015. Ethical issues surrounding the use of images
from donated cadavers in the anatomical sciences. Clinical Anatomy, 29(1), pp.30-36.
McCrea, E., 2013. Adding to the pedagogical portfolio: Launching a student business in a
semester course. New England Journal Of Entrepreneurship, 16(1), pp.31-39.#
Wilensky, G., 2015. Co-ops Discover the Challenges of Starting an Insurance
Business. Milbank Quarterly, 93(2), pp.238-241.
Adam, A. (2016). Strategy and Success Factors of Business Schools. Wiesbaden: Springer
Fachmedien Wiesbaden.