| Subject Code : | ACCG2050 | Country : | Australia |
|---|
Assignment Task
Introduction
Capilano Honey is an Australian family business, established in 1953 in Brisbane is run by two brothers (Capilano, 2021). The company was named on the memoir of a small district Capilano which is near Vancouver in Canada. The term signified “running water” in the language of a native Indian tribe residing there. The vision of the two brothers for making the world a healthier place by providing pure honey along with innovation and safety has led it to its greater heights. Capilano has received several domestic and international awards for its commitment to quality assurance standards. The company is known for its quality honey services all over the country with the help of 600 loyal beekeeping families across Australia. The products of the company include products such as Proudly Local, Classic Honey, Choc Honey, Manuka Honey,
Low GI honey, Floral Honey, and Organic Honey. All the products of the company follow quality standards and are free of any preservatives and refined sugars (Capilano, 2021).
Questions:
Week 6 – Revenue Cycle
How are the processes within your revenue cycle different when compared to the processes implemented in a similar company that has a different business strategy (i.e. segment differentiation strategy)?
Week 7 – Expenditure Cycle
Required:
1. What are the ways that you can determine the demand of goods for your products or services? What risk do you expect to face and how are you planning to mitigate these risks?
2. Which technologies are you intending to use to support your Expenditure Cycle? Which technologies did you consider? What business benefits do the implemented technologies provide?
Week 8 – HR Cycle
What are the advantages and disadvantages of outsourcing the HR and payroll cycle in your organisation?
Week10
There are several ways companies acquire software.
Required:
1. Identify what is the most critical software that your company needs / has (i.e. if you think of Uber it is their mobile phone app; if you think of a university it would be their student management system).
2. Consider all feasible acquisition methods in light of your business
requirements.
3. Determine which acquisition method is the most suitable for your organisation.
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