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    Trends in the Global Business Environment

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    Students are required to construct a mini-Literature Review of any one article from week 1 to 6 and submit as a report. Assignment Structure: The articles selected as the ‘gateway’ to the literature on the various topics are nominated in the lecture/Tutorial Schedule. Choose one of these articles from week 1 to 6 as your core article. Provide a brief summary of the core article enough to identify four key questions arising from that article which you will research. Identifying keywords in the article will also assist your further research. Using Proquest, do a literature sear...

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    Introduction

    In the past few decades, the concept of data-driven concept and working of the organization is one of the factors, which is playing a significant role. Some of the main goals, which are seen in the working environment, are digital transformation, compete on the part of the analysis and become the AI first (Vasant and DeMarco2015). Successfully managing and embracing of the data in its all form can beconsidered essential prerequisite.

    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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