Reference no: EM13303098
B Bakery is a family owned firm with around 70 employees and sales revenue increased to more than $ 13.5 million during the past year. It has been in business for over 50 years and supplies bread and confectionary products to a number of different businesses, including supermarkets and pub-chains. The firm has experienced mixed fortunes over the years in terms of business performance, but in the last few years has experienced a growth in orders for some of its new healthy product ranges. However, the Bakery has recently lost some key accounts as a result of being unable to produce some of its products at a competitive price.
Although the firm hired an accountant who was keeping their books for them and producing the financial statements each year, the firm thought they needed much more information to really run their business efficiently. They felt that they needed to make an investment in an accounting software to take their business to the next level.
Assignment Requirements
You are required to conduct desk research on AIS/ERP Systems for you're above client. Prepare a Business Report for the client detailing the following processes of selecting an AIS/ERP:
1. Define business processes a) What a Baker does? Discuss the business activities/processes of the organization to show your understanding about the business.
2. Develop business requirements
a) What processes are indispensable to be performed?
b) What outcomes are required from these processes to achieve business objectives?
3. Determine the systems requirements
What are some of the possible software features or functionalities that the firm should consider to achieve their IT investment objective?
4. Software selection
a) Visit the web sites of accounting software package vendors (e.g. SAP, MYOB, Xero etc.). You need to visit at least 3 (three) software
vendors' websites.
b) Which category of accounting software (low, medium or high-end/ERP) suitable for the firm? Give your justifications in detail.
5. Vendor selection
a) Compare and contrast the features/ functionalities of two accounting software packages offered by accounting software package vendors (e.g. SAP, MYOB, Xero etc.) within your selected category in question 4.
c) Which one would be the most suitable vendor (and accounting software package) for the Bakery business and why?
Why such a firm would tend to become riskier over time
: The firm then undertakes all those projects that appear to have positive NPVs. Briefly explain why such a firm would tend to become riskier over time.
|
What is the speed of the ejected electrons
: The work function of an element is 3.2 eV. Photons of a certain energy are found to eject electrons with a kinetic energy of 2 eV. What is the speed of the ejected electrons
|
What will the stock price be following the split
: Becker Financial recently declared a 2-for-1 stock split. Prior to the split, the stock sold for $80 per share. If the firm's total market value is unchanged by the split, what will the stock price be following the split?
|
How many photons does this station emit each second
: An FM radio station transmits at a frequency of 80 MHz and a total power of 65 kW. How many photons does this station emit each second
|
Develop business requirements
: Define business processes a) What a Baker does? Discuss the business activities/processes of the organization to show your understanding about the business and develop business requirements
|
How many shares would have to be issued
: Your firm needs to raise $10 million. Assuming that flotation costs are expected to be $15 per share, and that the market price of the stock is $120, how many shares would have to be issued? What is the dollar size of the issue?
|
Determine the final temperature and pressure of the gas
: One mole of an ideal diatomic gas is expanded at constant temperature from a pressure of two atmospheres, What are the final temperature and pressure of the gas
|
What will be the projected effect on earnings
: What will be the projected effect on earnings before interest and taxes if the firm's sales level should increase by 20 percent from the volume noted in part c?
|
Online access code for emergency medical responder
: What is the online access code for Emergency Medical Responder I just order this book from Chegg to rent and I will be getting it thursday. Is there anyway I could get the access code tonight. Please I have to take a pretest before class.
|