Case Study: Star Technologies 1. Explain why "industry knowledge" is so important to an audit engagement team Identify risk factors commonly posed by companies in high-tech industries. Industry knowledge is so important because it helps auditors identify areas that need special attention where errors and fraud might exist. Auditors are then able to evaluate the reasonableness of the accounting estimates made by management. It will also help them evaluate the accounting principles used by
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iBeacon Technology (Omnichannel Presence) In order for retailers to remain relevant in the modern digital age‚ they are almost compelled to market their products and services through omnichannel retailing such as e-commerce and mobile applications. The challenge for omnichannel companies is to maintain a consistent brand image and appeal across all networks to their target market. Customers first narrow down their choices through online research. To aid a consumer during their information search
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Securus Technologies‚ Inc. is an innovative pioneer within the corrections technologies market. Securus Technologies‚ Inc. focuses its technological advancements toward providing exceptional detainee communications‚ secure government information tracking and parolee tracking technology. Securus Technologies‚ Inc. is a recognized brand leader in Offender Management Systems. With their innovations being used internationally‚ Securus Technologies‚ Inc. currently currently provides technological service
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• How would you use WLAN technology to provide indoor/outdoor campus-wide coverage and ensure that your solution supports voice‚ data‚ and video/collaboration? Due to the need of better technology (WLAN)‚ it would be best to complete an RF Site Survey to see what is feasible and how many access points will be necessary. Once the survey is completed‚ discussions with the CIO‚ IT manager‚ and listening to student/staff complaints should be next. The request of a better connected network is essential
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1. How could a business use information technology to increase switching costs and lock in its customers and suppliers? Use business examples to support your answers. In today’s fast paced and digital world‚ it’s imperative for any company to embrace the information technology in their strategic management. In fact‚ considering IT’s role to increase switching cost and lock in customers and suppliers‚ it can be said that IT’s features of offering regular updates‚ diverse digital functionalities coupled
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share was not considered well by Mr.Finson. Multifaceted issues such as the mix of business shifting towards more complex systems requiring intensive research and development spending‚ short product life cycle‚ rapid technology obsolescence and fast growth with increasing technology competition and the potential price competition were not taken into account. The failure to consider these issues led the CFO to assume a large sales growth from 1985 to 1989. These assumptions would further hurt the
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Advanced Medical Technology corp. 1. AMT is in the business of developing‚ manufacturing and marketing scientific medical instruments‚ needles and catheters for minimal invasive medical treatments. They have a dedicated sales force to sell their products via the medical hospital and doctor’s channel. The industry continues to experience a robust 30% sales growth currently as well in the future. AMT has experienced extraordinary sales growth as can be seen in the Income statement. To maintain their
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that the company is giving their jobs to robots in order to reduce the labor force. So they intend to bargain the following contract provisions: Establishment of labor-management committees to negotiate in advance about the labor impact of robotic technology and‚ of equal importance‚ to have a voice in deciding how and whether it should be used. Retraining rights for workers displaced‚ to include retraining for new positions in the plant‚ the community‚ or other company plants. Work to be spread among
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WIPRO TECHNOLOGIES FINANCIAL RATIO ANALYSIS Contents Acknowledgement The satisfaction that accompanies the successful completion of this task would be incomplete without the mention of those people whose ceaseless cooperation made it possible‚ whose constant guidance and encouragement crown all efforts with success. I am grateful to my project guide for the guidance‚ inspiration and constructive suggestions that were helpful in the preparation
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A case study on Creative Technology Ltd Objective: Remaining competitive in the IT market – Focusing on Audio Technology History: In 1981‚ Creative Technology Limited was incorporate in Singapore by Mr. Sim Wong Hoo who is currently the CEO and Chairman of Creative Technology. Creative Technology Limited had a humble beginning. Creative started off as a computer repair shop in a shopping centre. While running the repair shop‚ Mr. Sim developed an addon memory board for the Apple II computers
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