Accounting information systems in the fast food industry
African Journal of Business Management Vol. 7(4), 260-264, 28 January, 2013
Available online at http://www.academicjournals.org/AJBM
DOI: 10.5897/AJBM12.1307
ISSN 1993-8233 ©2013 Academic Journals
Full Length Research Paper
Accounting information systems in the fast food industry: A valuable tool for small business survival
Thembelihle Allah, Puleng August, Siphamandla Bhaza, Tinashe Chigovanyika, Unathi Dyan,
Tinashe Muteweye, Mandisi Ngcoza, Neliswa Tshiwula, Vuyiseka Qambela, Yanga Vooi and
Juan-Pierré Bruwer*
Faculty of Business, Cape Peninsula University of Technology, PO Box 625, Cape Town, 8000, South Africa.
Accepted 22 November, 2012
Prior research has shown that small businesses make limited use of financial information which has a distinct and direct effect on the performance, profitability and overall success of these entities holistically. It has been reported that up to 90% of small businesses fail within a period of 5 years. It is also evident that over 60% of small medium and micro enterprises (SMMEs) make use of financial information systems which have to be updated manually on a periodic basis. From this dispensation, the perception was formulated by the authors that small businesses are success adverse as a result of making inadequate use of accounting information systems. The main aim of this study was to determine to what extent small businesses make use of accounting information systems. In essence, this empirical research which fell within the positivistic research paradigm and responses were gleaned from 30 owners and/or managers of small businesses, operating in the fast food industry. Furthermore these entities also operated in the Cape Metropole and were targeted by means of purposive sampling. All respondents were assured of confidentiality and anonymity, and all responses were of a voluntary nature. Descriptive research was utilised to extract relevant findings, which were followed by relevant
conclusions.
Available online at http://www.academicjournals.org/AJBM
DOI: 10.5897/AJBM12.1307
ISSN 1993-8233 ©2013 Academic Journals
Full Length Research Paper
Accounting information systems in the fast food industry: A valuable tool for small business survival
Thembelihle Allah, Puleng August, Siphamandla Bhaza, Tinashe Chigovanyika, Unathi Dyan,
Tinashe Muteweye, Mandisi Ngcoza, Neliswa Tshiwula, Vuyiseka Qambela, Yanga Vooi and
Juan-Pierré Bruwer*
Faculty of Business, Cape Peninsula University of Technology, PO Box 625, Cape Town, 8000, South Africa.
Accepted 22 November, 2012
Prior research has shown that small businesses make limited use of financial information which has a distinct and direct effect on the performance, profitability and overall success of these entities holistically. It has been reported that up to 90% of small businesses fail within a period of 5 years. It is also evident that over 60% of small medium and micro enterprises (SMMEs) make use of financial information systems which have to be updated manually on a periodic basis. From this dispensation, the perception was formulated by the authors that small businesses are success adverse as a result of making inadequate use of accounting information systems. The main aim of this study was to determine to what extent small businesses make use of accounting information systems. In essence, this empirical research which fell within the positivistic research paradigm and responses were gleaned from 30 owners and/or managers of small businesses, operating in the fast food industry. Furthermore these entities also operated in the Cape Metropole and were targeted by means of purposive sampling. All respondents were assured of confidentiality and anonymity, and all responses were of a voluntary nature. Descriptive research was utilised to extract relevant findings, which were followed by relevant
conclusions.