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    Managing & Using Information Systems

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    Managing & Using Information Systems: A Strategic Approach, we discuss the sourcing of IT in business. Using the lessons learned in Chapter 10 of the text about the way Information Technology should sourced, evaluate the organization you work for or an organization you are familiar with. How is your IS/IT sourced? Does the organization use outsourcing? If so, what kind? Does this sourcing work? You must have 1 scholarly journal articles along with your text to support your analysis. Try to find articles that are less than 5 years old....

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    How is your IS/IT sourcedThis company was having its own IS/IT department and corporate budget allocated to IT departmentevery year.” An entirely different way to pay for IT costs is to simply consider them all to be corporateoverhead and pay for them directly out of the corporate budget”(Pearlson, Saunders, 2010). And ITteam sitting at each office location used to regularly serve employees daily need in terms of network,hardware and software. In the office whenever any software or hardware need to purchased thenhardware and software used to be procured in bulk and based on the individual demand IT service usedto help the employees with software and hardware. Employees are department do not need to takecare about costing and billing they just need to get their work done. Once everything falls in line then Iteam used to take feedback from each employee so that they can increase the service satisfaction level.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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