How Cloud Computing Affects the Accounting World Research Paper

How Cloud Computing Affects the Accounting World - Research Paper Example However, in many institutions and traditional computing has been replaced with cloud computing. This is owing to the many advantages that cloud computing has over traditional computing. The superior traits of cloud computing over traditional computing include its elasticity, can be easily managed by the service provider and can be commercialized. In addition to that, cloud computing makes it possible for people to share documents with much ease. Thus, owing to the advantages of cloud computing and advancing in technology, many firms are adopting the system. How does the location independence of cloud computing help Deutche Bank or any other organization? Any organization using cloud computing can allow access to their customers to general transactions. In this case, cloud computing will be helping the organization increase its transparency. A direct effect of transparency is increased sales. Especially in a bank, customers want updates about what their money is being used to do. In a ddition, cloud computing also offers the general public an opportunity to learn about many organizations. Increased exposure will lead to increased sales and gaining of new customers. Location independence allows the organization to control the flow of information (King, 2008). This leads to increased security for the customers. Some banks have reported cases of staff members looting customers. This can be eliminated by cloud computing in that only few people can be granted access to sensitive information. The security of any data is protected from anyone wishing to alter anything. In the bank, this is advantageous as it can avoid losses from opportunistic individuals. Another way through which cloud computing offer services to banks and other organizations is by automated saving of data. Once data is entered, it is automatically saved and access of that data is limited to people who have been cleared to have access. Many firms using traditional computing have suffered from loss of data owing to power or machine failure. However, with cloud computing any server can be used to access the data that was stored. Would cloud computing be useful to your school? Cloud computing is designed for both public and private use. I believe that cloud computing can be useful to our school due to its advantages. These include saving time and money for the school. The school can benefit from information technology infrastructure at minimal costs. Also in cloud computing hardware upgrading is not needed which can save the school a lot of money. The time consumed during hardware upgrades which can result in systems shutdown can be avoided and minimized (Combs, 2012). The school will also save time and money in terms of laborers required. Another advantage that can benefit the school is that cloud computing enhances integration of data. Activities undertaken by the staff can be dealt with within a short period leaving a lot of time to deliver quality education to the students. Ano ther advantage is that with cloud computing, the school gets to be a part of developing technology. This can be beneficial to both the students and faculty especially the ones engaged in computer science and information technology courses. The students benefit from an opportunity to practice within their field which gives them some experience. In business organizations, cloud computing has greatly contributed to easy management of the business. Storage and retrieval of records is cost effective and does not consume a lot

Head & Shoulders shampoo SWOT Analysis Essay Example | Topics and Well Written Essays - 500 words

Head & Shoulders shampoo SWOT Analysis - Essay Example This is making the brand to miss a large client base, which plays a major role in boosting the revenues of the company. In the rural areas, especially in India, most people lack of sufficient education in about the product. They are unaware of what the product is meant for and the company has not taken sufficient measures to introduce the brand to them. As such, the company is losing potential clients in the rural areas to competitors who have introduced the product in the rural areas. Furthermore, a large number of products are prevalent in the market, challenging clients on the best brands to choose (Rahman & Kazi, 2012). Due to this, the clients may end up missing the Head & Shoulder brand, which may address their needs effectively unlike the case of other brands. Opportunities: The major opportunities for Hair & Shoulders brand include the untapped rural market, growing income levels for the clients, huge domestic market in the entire country, massive export potential for the company, and considerable investment in clients towards consumer goods. In this case, the brand needs to focus its attention on the rural and domestic market, particularly because the income levels of consumers are rising at a rapid base. As such, the brand will attain a considerable market share in the economy, allowing it to boost its competitive advantage significantly. In addition, most countries around the world are introducing favourable FDI policies. In this case, the company is capable of investing its operations globally, allowing it to review the equity of its brand. Moreover, the brand focuses on individuals of all age groups, particularly middle-aged women. Here, the brand has managed to acquire a considerable market share, which has played a major role in r aising its revenue and profitability, allowing the company to become highly competitive in the global market (Rahman & Kazi, 2012). Threats: In terms of threats, the elimination of import