Written Essay Assignment Example | Topics and Well Written Essays - 1500 words

Written Essay - Assignment Example For example, the value of a particular sales invoice is ought to be compatible with the sales amount of tax being charged on the invoice (ACCA, 2011). Processing controls are attached with developing varied programmed routines (Pearson, n.d.). This particular system acts as an effective specific control in the form of supporting the managers or the supervisors to adopt and apply routine decisions. Specially mentioning, it contributes in maintaining the reliability of data by extracting valuable data from a specific database to compile various important reports. These reports can be reckoned as financial statements, sales analyses and inventory-level based details among others (Collins, 2015). It is regarded as an efficient interactive system, which tends to gather, incorporate and analyze data from varied sources. More importantly, it aids in supporting the business managers of an organization to make several routine decisions. The maintenance of data reliability through this particular system could be better understood from the adoption as well as application of relevant decisions while operating different business functions (Collins, 2015). Output controls mainly relate to work upon the performance of the transactions whether input or output. This specific control relating to output segment helps in preserving accuracy and determining the completeness of the different processing outputs. It will be vital to mention that the conception of run control totals would aid in ensuring greater data reliability in the form of various ways. These ways entails authorizing all such data transactions that are already processed, ensuring that no such transactions are being omitted also making sure that unlawful transactions are being added (Alkhatib & Labban, n.d). The perception of DDBS is identified to be dissimilar to that of centralized database system. This is mainly owing to the reason that

Strategic Planning Essay Example | Topics and Well Written Essays - 3000 words - 2

Strategic Planning - Essay Example Tesco has been successful in expanding the growth of its business through entering into joint venture with other large retail companies all over the world. (Leahy, 2007: 41) As of 2008, the company was able to establish a total of 12 international businesses which serves the market of Hungary, Thailand, Malaysia, Japan, South Korea, Turkey, United Kingdom, Central Europe, Czech Republic, Poland, and the United States among others. (Leahy, 2007: 42 – 43; Couch, 2006; Wilson, 2005) In early part of 2007, the company entered into a joint venture with Tin Cao who owns a little more than 50 Hymall-branded hypermarkets. (Hawkes, 2008; China Daily, 2008; Baijia, 2007) Tesco’s joint venture in China is known as the ‘Happy Shopper Hymall.’ The company was able to increase its sales by 13% to  £7.6 billion in 2006. (Times Online, 2006) In line with the success behind Tesco China, its top management believes that the said strategic move will enable the company to serve a more lucrative market in Shanghai, China. With regards to Tesco’s current expansion in the Chinese market, the researcher will seek to identify and evaluate the key stakeholders of the joint venture between Tesco and Tin Cao. Eventually, the impact of the joint venture agreement in terms of its competitive position in the chinese market will be discussed thoroughly. Based on the past retailing experiences of Tesco in the UK market, the researcher will make use of the PESTLE as well as the opportunities and threat analysis model as part of determining and examining the potential external factors that could significantly affect the business expansion of Tesco in China. Prior to the conclusion, the identified value adding activities that may contribute to the success of Tesco in China will be highlighted. Aside from the employee of Tesco Group, Tin Cao owned Hymall-branded hypermarkets and