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BIS 303 Week 4 Team Assignment Cost Controls & Resource Management Systems Flow

BIS 303 Week 4 Team Assignment Cost Controls & Resource Management Systems Flow
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Develop two separate flowcharts with summaries on cost controls and resource management systems. Then, write a summary explaining accounting control strategies in terms of hospitality technology investment. Use either Microsoft® Word®, PowerPoint®, or Visio® to build flowcharts. See Figures 9.1, 9.2, 9.3, and 9.4 in Hospitality Information Systems and E-Commerce for flowchart examples.

 

·         Point-of-Sale and Inventory Tracking Flowchart

o    Develop a flowchart to illustrate how an IT system records customer transactions into accounting processes and reports.

o    In 350 words, explain how the POS system and inventory tracking system integrate the operations and accounting systems

·         Production Systems and Management Controls Flowchart

o    Demonstrate with a flowchart how a customer transaction works from the front end to the back end.

o    In 350 words, explain how production systems and management controls work together to increase efficiency.

Write a 700-word summary that explains accounting control strategies in terms of hospitality investment in technology.

·         Classify the different tracking systems according to function and purpose.

·         Generally, how do accounting strategies relate to investment in the business of hospitality?

·         Briefly, how do accounting control strategies affect the productivity of point-of-sale, inventory tracking, production systems, and management controls?

 

Note. Instructions for building the Microsoft® Word® and PowerPoint®  flowcharts are located in Week Three on the student Web site.

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