What are the transaction costs incurred by the decision

Reference no: EM132651309

Managing the Move to the Cloud - Analyzing the Risks and Opportunities of Cloud-Based Accounting Information Systems

Discussion Questions

Pia is at a crossroads with important decisions that will affect the fate of her whole company. She needs to find answers to the important questions and define what would be the best solution for her company. She turns to you as a strategy and transformation consultant to help her in analyzing the accounting processes at Kluuvin Apteekki and to determine the course of action that she as the owner should take regarding these processes.

Specifically, she wants you to answer the following questions with solid arguments:

1. Which cloud-based accounting information system should Pia select and why?

2. Should Pia be worried about possible lock-in with either accountant or system provider?

3. How should Pia mitigate the possible data security risks?

4. Is price an important factor when choosing the system?

5. What is the optimal division of work between Pia and the accountant? Should Pia outsource all the accounting tasks, use selective outsourcing, or keep all tasks to herself? Evaluate each accounting task on their suitability to outsourcing in the cloud context. Use Table A1 provided in Appendix and discuss the implications of your choices.

6. How to ensure a good fit between the selected system and the work arrangement?

7. What are the transaction costs incurred by the decision?

8. What about long term strategy? Reflect on the implications of your choices in the future.

Attachment:- Managing the Move to the Cloud.rar

Reference no: EM132651309

Questions Cloud

What are virus hoaxes : How do pedophiles and other child exploiters use the Internet to commit their crimes? What are virus hoaxes?

What postmodernity is as explained by jean-francois lyotard : Define what postmodernity is as explained by Jean-Francois Lyotard.

Environmental plan analysis assessment : Prepare and present a PowerPoint presentation or a paper that highlights the main points of the document as if you were to present it to Management

What step in the selling process is being carried out here : Student will be able to integrate theoretical and practical knowledge of Marketing Management and Evaluate consumer behavior and its effect on business

What are the transaction costs incurred by the decision : Should Pia be worried about possible lock-in with either accountant or system provider and What are the transaction costs incurred by the decision

Find the difference between two providers-echo industries : Echo Industries provides materials for Jason Bradley's engineering firm. Their trade discount is 21%.

Rigorous capital planning process : What do you think about risk adjustments on discount rates for capital projects?

Explain simpson paradox and provide an example : Data visualization is the first step in communicating and displaying the results of data analysis. Commonly known data visualization

What is investment internal rate of return : Nancy's Notions pays a delivery firm to distribute its products in the metro area. Delivery costs are $38,000 per year.

User Account

All Pages