BUS0117 Information Systems for Business (October 2022) Continual Assessment 2 Individual Assignment (40%) Submission date: 7 November, 11.59am. Total marks: 100 marks Section A – MS Excel (30 marks) Part 1 – Computation of Salaries using Excel (20 marks) Gifts Connect Pte Ltd is a local company that offers a fantastic range of inspired, stylish and unique gifts for all occasions. Gifts Connect specialised in gifts relating to Home Décor, Gifting and Lifestyle. All staff members of the company are paid according to their basic monthly pay plus an incentive component based on their overall sales for the month. The performance incentive is computed based on an additional percentage of their basic pay if they were able to achieve the minimum amount of targeted overall sales amount indicated in the Performance Incentives table below. You are required to develop a worksheet to compute the monthly payroll of the staff members using MS Excel. Staff Salary Table Staff ID S01 S02 S03 S04 S05 Name Date of Birth Date Joined 01/07/2012 01/02/2018 01/08/2012 Basic Salary Per Month $3800 $2300 $3300 Overall Sales for the month $8000 $5000 $12000 Aaron Ang Beverly Beh Casmin Bte Cassim Duranjaya Elisa Eng 20/01/1968 09/09/1993 02/02/1988 15/05/1960 01/12/1982 01/12/2015 01/03/2010 $2500 $3500 $6500 $10000 1 Performance Incentive Table Overall Monthly Sales in $ 0 to 3999 4000 to 5999 6000 to 7999 8000 to 9999 10000 and above Performance Incentive Additional 0% of basic pay for the month Additional 2% of basic pay for the month Additional 4% of basic pay for the month Additional 6% of basic pay for the month Additional 8% of basic pay for the month (a) Add a new column to the Staff Salary Table to compute the Performance Incentive by using the “VLOOKUP” function in Excel to automate the search for the respective performance incentives based on the staff member’s overall sales performance for the month. (3 marks) (b) Add two new columns to the Staff Salary Table. In the first new column, find the number of years each staff member has worked for the company based on the date he or she has joined the company. In the second new column, use the IF function in Excel to determine the long service bonus for each staff. A staff will be given a monthly long service bonus of $100 if he or she has worked for the company for more than 10 years. (4 marks) (c) Add a new column to the Staff Salary Table to compute the Gross Salary for each staff including the performance incentive and long service bonus. Gross Salary is computed by adding the basic salary, monthly performance incentives and the long service bonus. (3 marks) (d) Add four new columns to the Staff Salary Table for calculating the Age of Staff, Employee’s CPF and Employer’s CPF contributions and Net Salary. The Age of Staff can be computed by using the date of birth in relation to current date using the ‘=Today()’ function in Excel. You will also need to calculate the Employee’s CPF and Employer’s CPF contributions based on the Gross Salary times the rates published by Singapore CPF Board. Go to Singapore CPF Board website to find out the most current employee’s and employer’s CPF contributions rates in relation to the person’s age. Compute the required employee’s and employer’s contributions by using the “VLOOKUP” function to dynamically determine the amount based on a table that shows the age and the respective CPF rates you found from the CPF Board website. The Net Salary can be computed by using the Gross Salary minus the Employee’s CPF contribution amount. (5 marks) 2 (e) Singapore Labour Law requires all companies to generate a monthly pay slip for the staff. Develop a Mail Merge Template in Microsoft Words linking to your Excel table to help generate the pay slip for each staff based on the following format: Pay Slip Gifts Connect Pte Ltd Suntec City, #01-18 3 Temasek Boulevard, Singapore 038983 Staff ID: Staff Name: Date: 1. Staff Basic Salary 2. Performance Incentive 3. Long Service Bonus 4. Gross Pay (1+2+3) 5. Employee's Contribution to CPF 6. Employer's Contribution to CPF 7. Total CPF Contribution (5+6) 8. Net Salary (4-5) $ $ $ $ $ $ $ $ (5 marks) Part 2 - Column Chart and Other Statistics (5 marks) (a) Create a Column chart to show the distribution of Net Salary paid to each staff. (3 marks) (b) Use the Excel function of “SUMIF” to compute the Total Gross Salary for staff having the age of 50 and above. (2 marks) Part 3 – Computation of Loans (5 marks) The management has recently approved a 10-years study loan for one of the staff member who wanted to pursue his post-graduate studies. The total amount of the loan is $65,000 at a very favourable annual interest rate of 2.20%. The management has decided to deduct the repayment of the loan by following an affordable monthly installment plan over 120 months from the staff’s monthly salary. You are required to demonstrate how to use the PMT function in Excel to compute the monthly loan repayment amount to be deducted from the staff’s salary. (5 marks) 3 Section B – Ecommerce Website Development (35 marks) Gifts Connect Pte Ltd is a local company that offers a fantastic range of inspired, stylish and unique gifts for all occasions. Gifts Connect specialised in gifts relating to Home Décor, Gifting and Lifestyle. Mr. Gideon Goh, the CEO of the company, hopes to increase the company’s sales revenue by developing an online e-commerce website. You have been appointed to design and develop the company’s website. The main product categories of the company may include the following: Product Categories Home Decor Gifting Lifestyle Product Types Photo frames, Table décor, Wall décor. Deco cards, Gift bags and boxes, Fragrances. Stationery, Pouches, Tote bags. The main objective of the e-commerce website is to promote the company’s brand name and products online by providing information pertaining to the company’s profile, awards and product catalogues, including product photos, descriptions and retail prices. You should also provide any other relevant information that can be useful for attracting customers to the website. The website should include the following pages: Main Page (Home Page) • A general description of your website, special promotions that would serve as a key attraction for the site visitors. About Us • • A general description of the company’s profile, including vision, mission and core value statements. Sections such as “Awards” and “Press”. It’s perfectly appropriate to mention past achievements provided they’re relevant and significant. Product Catalogues • Photos, descriptions and retail prices of all popular products currently available to the customers. 4 Shopping Cart • • • Customers can purchase products they like online. Customers will be able to select the various options related to the products. Customers may be given promotional discount by keying in the promotional code, if applicable. Contact • • • A description and hyperlink for visitors to contact you (i.e. address, phone number, email, opening hours). Google Map that shows the location of the company. Include an online form that will allow customers to make enquiries. Logo You are required to design a new logo for the company. Blog The website should include a Blog for customers to post and discuss their opinions about the products they have purchased or to provide suggestions on the types of products they would like the company to sell. Section C – Ecommerce Discussions (10 marks) (a) B2C Ecommerce Site Discuss FIVE critical success factors for the retail B2C ecommerce start-ups. (b) Ecommerce Security Discuss FIVE security measures the company should implement to minimise possible cybersecurity threats to the B2C ecommerce sites. Section D – Presentation (25 marks) Each student will be required to make a presentation about their assignments during the last few lessons. Your lecturer will provide more details and the actual dates for the presentation. Each student will be given 5-10 minutes to present the assignments. 5 Website Design Software Students are encouraged to use the free version of online website builders such as Wix.com or site123.com, for this assignment. Please consult your lecturer first if you intend to use other website design applications or web authoring tools. Submission Guidelines You will need to upload the following files to the Canvas (Learning Management System) dropbox by the assignment due date: 1. MS Excel file. 2. MS Word file containing the following: a. screenshots of the Mail Merge Template and the generated Pay Slips b. discussions on Ecommerce for Section C c. ecommerce website address 6 BUS0117 Information Systems for Business Continual Assessment 2 Marking Scheme Description Section A Part 1 – Computation of Salary using Excel (a) Compute performance incentive. Marks Very Good (5) Good (4) Above Average (3) Average (2) Below Average (1) 20 3 (b) Compute long service bonus. 4 (c) Compute gross salary. 3 (d) Compute CPF contribution and net salary. 5 (e) Construct the mail merge template and mail merge file for the Pay Slip. Part 2 – Chart Create a relevant chart to display the Distribution of Net Salary. Calculation using SUMIF Part 3 – Computation of Loan Computation of Loan using PMT. Section B Website Design - Concept and Content, company profile, mission, value statements. - Layout and Design, Logo, Navigation, Graphics, Animations. - Product catalogues, Shopping cart. - Contacts, Enquiry form, Map - Blog 5 5 3 2 5 5 35 10 10 5 5 5 Section C – Ecommerce (a) B2C site (b) Ecommerce security 10 Section D – Presentation 25 Overall Total 100 5 5 7 Remarks