Question

Write about the impact of accounting information systems on the Coca-Cola value chain.

Answer 1

Information accounting system is very important to a company in mordern era since it provides data, information and knowledge about anybody, from senior management to the fresh employee and above all customers. Information is the one that acts as "Blood Bank" in the success of a company. Coca Cola Company has invested much in Information Technologies in order to compete with time.

IMPACTS

A) The number of employees in Coca Cola Company stands at around 92,800(from internet source). Without accounting information on them it is much difficult to work with them as a team. They use diversity in the growth of the company through information by ensuring that employees, customer, and suppliers are on the same frame of reference.

B) SAP R/3 from IBM together with ERP system is the most widely used in Coca Cola Company(from internet). These IT solutions always helped the company in fast decision making and better product quality while at the same time reducing the costs of operation.

C) Accounting worldwide, finding skillfull human resorces for future, fast marketing through countries in all steps their is too much compitition now between companies. Without gathering Information it is impossible to go on with big projects. And in all with this they have to maintained the high quality.

D) And above all outstraching is important. Information technology chnges the way of finding the new markets.