Starbucks is the Premier Roaster and Retailer of Specialty Coffee - Accounting and Finance Assignment Help

Assignment Task:

Task:

Assessment Overview: individual Report
Purpose:
This assessment task comprises a set of tasks based on real-life cases to apply their knowledge learnt from this unit.
Length and/or format: Equivalent 1500 words
Context
Starbucks began in 1971. Starbucks is the premier roaster and retailer of specialty coffee in the world. Today, it connects with millions of customers every day in 76 markets.
Starbucks uses a combination of public clouds, private clouds, and traditional corporate IT systems. In its stores, Starbucks uses Office 365 for e?mail and productivity application such as Microsoft Word. Office 365 is the public cloud version of the Microsoft Office Suite. For e?mail and productivity applications at the corporate offices, Starbucks uses its own traditional IT systems on premises. For its customer relationship management software, Starbucks uses SalesForce.com, a public cloud application. For other accounting and Oracle Enterprise Resource Planning (ERP) applications, Starbucks uses a private cloud based on virtualized servers that they maintain. This demonstrates that using various IT approaches is quite common.
Instructions
Write a report addressing to the following issues.
The latest development of some accounting information systems moves to cloud computing for advancing all members of society including the poor and valuable. The cloud technology was quite popular for the past few year globally. Explain the differences between public clouds and private clouds. Illustrate why companies use a combination of public and private clouds servers.
Apply the underlying technologies applied relating risks and controls when companies use cloud computing.
In your Assessment 1 and 2, Fitness Dance Studio which uses Xero for the accounting systems. This assessment further extends your work in Assessment 2. Analyse and evaluate the business processes of Fitness Dance Studio with respect to the accounting data.
Starbucks uses various IT approaches. Suggest some IT approaches, e.g. artificial intelligence, cloud and edge computing, ERP for Fitness Dance Studio based on the business processes you have discussed above within the budget A$50,000.

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