Question

In: Accounting

Week 5 Question (10 marks, maximum 300 words) Puma Designs hired a consultancy firm four months...

Week 5 Question (10 marks, maximum 300 words) Puma Designs hired a consultancy firm four months ago to redesign the information system that the architects use. The architects will be able to use the state-of-the-art computer-aided design (CAD) programs to help in designing the products. The consultancy firm has been instructed to develop the system without disrupting the architects. In fact, top management believes that the best route is to develop the system and then introduce it to the architects during a training session. Management does not want the architects to spend precious billable hours guessing about the new system or putting work off until the new system is working. Required: a) Do you think that the management is taking the best course of action for the announcement of the new system? Why? b) Do you approve of the development process? Why?

Solutions

Expert Solution

Puma Designs hired a consultancy firm four months ago to redesign the information system that the architects use. The architects will be able to use the state-of-the-art computer-aided design (CAD) programs to help in designing the products.

Answering the questions on the basis of evaluation of the scenario,  

Ans

a.) Management is correct while re-desiging the information system, as it will be much more effective for the architects to have an automated system helping them out with the querries and will save time in relation to the research for designs and other information. With the ever evolving industrial enviorment it is important for the management to keep up the pace in direction of development and improvment. It will help architects to analyse better on the basis of information easily availble to them and invest their precious hours in more efficient and effective manner going forward.

This will help in reduction of cost as architects will be more efficient with the tasks assigned to them. Hence, announcement for new development is correct decision.

b.) For development process management is planning to introduce the system only at the time of training .i.e post development of whole process.

To understand the development of the system following steps must be performed,

1. Preliminary analysis | describe costs and benefits

2. Systems analysis, requirements defined | define project goals

3. Systems design | describe features and operations

4. Development | the real code is written here

5. Integration and testing | bring all the pieces together

6. Acceptance, installation and deployment | final stage of initial development

7. Maintenance | system is properly assessed

8. Evaluation | entire system developed is properly evaluated

To follow above steps it is necessary to involve user in the process of development , one has to consider the inputs from the User of the system while outlining the system design (Process#3), For the purpose of integration and testing (Process#5) we need user to get involved as they have to ultimately use it going forward, it would best if they can give their opinion on working of system. Evaluation (Process#8) of the performance is also needs involvement of user as they are best judge of output.

Considering above mentioned steps only getting architects involved at the time of training and not in development process might result in failure of the project. Which might be more of a cost than what cost is saved by not investing precious billable hours of architects.

So, for development process they should involve  architects for sure


Related Solutions

al and preparing the bank reconciliation. Week 5 Question (10 marks, maximum 300 words) Puma Designs...
al and preparing the bank reconciliation. Week 5 Question (10 marks, maximum 300 words) Puma Designs hired a consultancy firm four months ago to redesign the information system that the architects use. The architects will be able to use the state-of-the-art computer-aided design (CAD) programs to help in designing the products. The consultancy firm has been instructed to develop the system without disrupting the architects. In fact, top management believes that the best route is to develop the system and...
Question 2 (35 marks, maximum 300 words) A traditional view of globalization is that it involves...
Question 2 (35 marks, maximum 300 words) A traditional view of globalization is that it involves rolling out the same offering across the globe using the same ingredients, brand name and marketing communications. However, organizations have realized that they need to adapt their offerings and communications to local preferences and conditions. By using B207B course material and other resources such as Dell website, discuss what is the difference between globalization and customization in marketing segmentation and marketing mix in relation...
Question 4: Week 8, 11 Marks. [Words Limit: Up to 300 words.] Marketing system provides some...
Question 4: Week 8, 11 Marks. [Words Limit: Up to 300 words.] Marketing system provides some useful insights regarding the sales order. Different departments use this information. For instance, the production process uses this information to forecast the expected sale for next month. The production clerk uses this to create an online production schedule. From this schedule, the system automatically prepares weekly online work orders to be used by the production department. The production supervisor assesses the work orders from...
Question 5 (11 marks) (Note this question is from the Week 10 Tutorial) On 1st July,...
Question 5 (Note this question is from the Week 10 Tutorial) On 1st July, 2018 Nile Ltd acquired 70% of the share capital of Amazon Ltd for $80,000,000. The equity of Amazon Ltd as at the acquisition date was: Share Capital General Reserve Retained Earnings $ 52,000,000 $ 20,000,000 $ 10,000,000 All assets of Amazon Ltd were recorded at fair value on acquisition, except for one property which had a fair value which was $2,000,000 lower than its’ carrying amount....
Question 5 (11 marks) (Note this question is from the Week 10 Tutorial) Required: A. Define...
Question 5 (Note this question is from the Week 10 Tutorial) Required: A. Define ‘acceptable quality’ according to s 54 (2) of the Australian Consumer Law (ACL). B. What arguments can a seller put forward for limiting the scope of section 54 on acceptable quality found in the Australian Consumer Law (ACL)? (Word limit: Minimum of 300 words. Maximum of 400 words)
Question 5 (7 marks) (This question is from the Week 10 Tutorial) Big Water Ltd currently...
Question 5 (This question is from the Week 10 Tutorial) Big Water Ltd currently has the following capital structure: Debt: $4,500,000 paying 9.5% coupon bonds outstanding with 12 years to maturity, an annual before-tax yield to maturity of 8% on a new issue. The bonds currently sell for $1,113 per $1,000 face value. Ordinary Shares: 65,000 shares outstanding currently selling for $75 per share. The company just paid a $6.50 dividend per share and is experiencing a 6% growth rate...
I need a new answer to avoid plagiarism Question Four: (25 marks) (Word count 300 words)...
I need a new answer to avoid plagiarism Question Four: (Word count 300 words) Conduct a research for any issue you chose in real life, shortly describe the issue of your choice and explain which type of data will be collected and why? Also apply two of the investigating methods in collecting the data and mention the advantages and disadvantages of the two tools with examples of your chosen issue. Conduct a career audit for yourself whether in your current...
Question 2 - 10 marks (1,500 words) The Senior Partner of the firm you work for...
Question 2 - 10 marks (1,500 words) The Senior Partner of the firm you work for has appointed you to a new role. It is now your responsibility to review upcoming accounting standards and provide a report to the partners on the proposed standard and the opinions of other industry players on the changes. Firstly, you are required to find a current exposure draft or proposal for a new accounting standard which has been opened for public comments. (These can...
Question No 5: (10 Marks) Your elder brother Kazim has been hired as CFO in Sohar...
Question No 5: Your elder brother Kazim has been hired as CFO in Sohar Power Company SAOG. Sohar Power company SAOG owns and operates the largest power generation and water desalination plant in the Sultanate. Sohar Power is incorporated in 2004. Since then, the company has built and owns the 585 MW electricity generation and 33 MIGD seawater desalination plant. Sohar Power has a history of research and development in the field of power generation and water purification. It has...
Question 3 5 Marks Varney Company makes rolling suitcases. Its sales budget for four months is:...
Question 3 5 Marks Varney Company makes rolling suitcases. Its sales budget for four months is: Month Sales R March 15,000 April 20,000 May 40,000 June 60,000 Varney's policy is that ending inventory of finished suitcases should equal 30% of the next month's sales. Beginning inventory (March 1) is 5,300 suitcases. Each suitcase required 1.5 meters of ballistic nylon. The ending inventory policy for nylon is that 20% of the following month's production needs must be on hand. On March...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT