ACCT6014 Designing Accounting Systems : Telecommunication and Informat
2) Explain the main business cycles of your organization (Revenue, Expenditure and HR).
3) Explain and describe technologies and controls present in your organization, and why these contribute to its ef ectiveness.
Answer:
Introduce the Company
The name of the company is called Flash Telecom Company. It is a co
nsultancy and marketing enterprise in the telecommunication and information industry. The company is primarily selling telecom and information products. The main client of this company is the telecom companies. It majorly undertake market research on behalf of the clients it serves and in turn provide an after analysis to the request of the client. Its main objective is to create the healthier relationship with its clients, employees, public and partners.
Product
The company offers a range of consultancy services. It carries out market analysis and research and ensure consumer engagement. It conducts customer retention programs and ensure marketing efficiency. It provide consultancy services on how to launch new products and how to develop growth strategies. The company also carries out opportunity assessments. The company also forecast market trends as well as come up with branding and planning strategies.
Narrative of the Organization
The company is has not been in operation for long but has been so much successful due to its uniqueness. It employs cost leadership as well as competitive advantage strategy. The firm seeks to offer high-quality marketing alongside consultancy services to its clients. The company intends provide its services at the most affordable prices to minimize their production cost and pass saving to its consumers. It has a Skills Unit Department that guarantees enjoyment of lucrative markets under a great economy that swiftly grow. It has a huge number of loyal and trusting clients.
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