Find
Search for over 200,000 study notes and past assignments!
Swap
Download study resources by swapping your own or buying Exchange Credits.
Study
Study from your library anywhere, anytime.
Accounting Information Systems Mid-Semester Exam Summary L1-6
BISM2206 - Accounting Information and Software Applications
17 Pages • Topic Notes • Year: Pre-2021 • Previously uploaded under: ACCT3201 - Accounting Information Systems
Module 1: Setting a context • We are managers within an organisation • We are responsible for ensuring our organisation survives and prospers • What are the key decisions we must make to ensure our organisation achieves its goals? • What are the critical success factors (CSFs) / key performance indicators (KPIs) • What information is needed to determine the states of CSF/KPIs? • Does this information exist, if so where is it located? • If not, how should we collect and present this information? Example • Critical decisions: Should we be in this line of business? • CSF: Predicted sales trends • Information required: Demand predictions, price predictions, likely entry of competitors • Information sources: Historical sales forecasts, market research, etc. Nature of key decisions • Decisions that have a significant impact on the future of the organisation • We cannot focus on all decisions we might make, what are the critical ones? One perspective on managerial decision making • Planning (Strategic and operational planning) • Organising (Gathering, allocating and structuring resources) • Leading (Motivating, leading, communicating) • Controlling (Benchmarking and monitoring) Second perspective: Levels of decision making • Strategic (Should we be in this line of business?) • Management (Can we reduce delivery time for products sold?) • Operational (Do we need to order more inventory?) • Transactional (Has a sales order been processed in a timely fashion?)
This document is 5 Exchange Credits
More about this document:
|
This document has been hand checkedEvery document on Thinkswap has been carefully hand checked to make sure it's correctly described and categorised. No more browsing through piles of irrelevant study resources. |
|
These are Topic NotesTopic Notes typically cover a topic (or several topics) in detail. They are not expected to cover all the topics in the course and are often less than 20 pages in length. |
|
What are Exchange Credits?Exchange Credits represent the worth of each document on Thinkswap. In exchange for uploading documents you will receive Exchange Credits. These credits can then be used to download other documents for free. |
|
Satisfaction GuaranteeWe want you to be satisfied with your learning, that’s why all documents on Thinkswap are covered by our Satisfaction Guarantee. If a document is not of an acceptable quality or the document was incorrectly described or categorised, we will provide a full refund of Exchange Credits so that you can get another document. For more information please read Thinkswap's Satisfaction Guarantee. |
Studying with Academic Integrity
Studying from past student work is an amazing way to learn and research, however you must always act with academic integrity.
This document is the prior work of another student. Thinkswap has partnered with Turnitin to ensure students cannot copy directly from our resources. Understand how to responsibly use this work by visiting ‘Using Thinkswap resources correctly’.