Feasibility Report ( Accounting Information System ) Essay

Feasibility Report ( Accounting Information System ) - Essay Example o help provide the company with better integrated working and also to meet the needs which include, a) Improved stock taking process, b) Improved customer relationship management, c) Inclusion of Pay Roll software for better calculation of wages and electronic payment to the staff, and d) Inclusion of sales forecast software to help in forecasting the sales easily and effectively. Based on the research two products have been shortlisted which show potential for SkiZone. These include, NetSuite SaaS and QuickBooks Enterprise Solutions 10. 0. A thorough analysis of the features of the two solutions along with relative merits and demerits indicate the effectiveness of using these systems at SkiZone. These solutions are also financially analysed using investment appraisal methods and the cost benefits are identified. It is identified that Quick Books results in higher returns to the company and also increases the value of the company by a significant amount. The cost benefit analysis indicates that the Quick Books Enterprise is the optimum solution for SkiZone covering all the requirements. Stock management and good book keeping play a very important role in every business. It is essential that businesses keep a clear record of all their finances as well as maintain their stocks effectively (Gelinas & Dull, 2009). Keeping a clear track of all aspects of the business will allow the businesses to have better control on the finances and will also allows the company to benefit from other costs like opportunity costs, stock holding overheads and also any possible risk of wastages (Romney & Steinbart, 2008). This report aims at analysing the current position of Ski Zone and investigating the current deficiencies of the systems used as well as recommending alternative solutions to the company in order to develop better stock management systems. The financial aspects of the alternative option have also been included to gain a better overview of the cost – benefit analysis

The Leadership Challenges Essay Example | Topics and Well Written Essays - 1250 words

The Leadership Challenges - Essay Example This paper focuses on the challenges experienced by a leader and how a transformation leader can help the organization obtain its objective of adopting change. The Leadership Challenge Introduction Leadership is referred to as an individual’s ability to influence an individual or a group of individuals in any setting to accomplish aims and objectives. In organizational context, leader is a person who influences other individuals of the organization to comply with him and help him in attaining aims and objectives. The individuals who are being influenced by the leader are recognized as followers of the leader, they follow a leader due to various reasons and one of the main reasons of followership is allocation of resources. An organization is a setting that experiences huge number of challenges and it has to meet these challenges to remain in the game for the longer run. Due to various challenges, an organization always desire a leader as a leader is the one who makes the decis ions of utmost difficulty, carry out the process of change and communicates the vision of the organization to the employees. A leader has to experience various challenges while carrying out the duties he is expected to perform. Body Over the years researchers have figured out various types of leaderships that individuals carry out to attain the main aim of influencing. One of such types is transformational leadership, individuals who fall under this kind of leadership influence their followers by directly appealing the sensitive side of the followers or in other words, they appeal to the moral end of the followers in order to influence them. These leaders carry out their task of leadership with the aid of creating a high valued image of themselves in the minds of the followers, they present a vision of future that is quite positive in nature and they are the ones who frame the entire process of change. On the other end are those leaders who set goals for their followers and provide aid and assistance to their followers for the accomplishment of those goals by clearly informing them about the tasks and the roles they have to perform for the accomplishment of those goals. Transformational leaders are said to have the charisma to influence followers in such a way so the followers give priority to the organizational goals over their own goals. Vision is an idea of the future or the budgeted future that is framed by leaders, leaders create a positive vision in order to keep the followers tied up with each other. A leader articulates a vision by presenting a future that is quite positive and clearly defines the steps that the organization has to take to achieve a positive future. In transformational leadership, image management is of utmost importance, because a transformational leader has to lead his followers through the concept of idealizing. To achieve this objective, a transformational leader’s behavior has to be quite attractive and positive and has to lead by conducting exemplary behavior. A transformational leader is considered as one of the best forms of leadership because he has the duty of injecting the feel of high level of loyalty and confidence in his/her followers. They conduct the task of articulating the organization’s vision in such a way so the followers can relate to the vision and are highly willing to attain the objectives set in the vision. They take the step ahead and delegate authority