B Bakery is a family owned firm with around 70 employees and sales revenueincreased to more than $ 13.5 million during the past year. It has been in business forover 50 years and supplies bread and confectionary products to a number of differentbusinesses, including supermarkets and pub-chains. The firm has experienced mixedfortunes over the years in terms of business performance, but in the last few yearshas experienced a growth in orders for some of its new healthy product ranges.However, the Bakery has recently lost some key accounts as a result of being unableto produce some of its products at a competitive price.Although the firm hired an accountant who was keeping their books for them andproducing the financial statements each year, the firm thought they needed muchmore information to really run their business efficiently. They felt that they needed tomake an investment in an accounting software to take their business to the nextlevel. Assignment RequirementsIn groups of three or four, you are required to conduct desk research on AIS/ERPSystems for your above client. Prepare a Business Report for the client detailing thefollowing processes of selecting an AIS/ERP:1. Define business processesa) What a Baker does? Discuss the business activities/processes of theorganisation to show your understanding about the business. (250words)2. Develop business requirementsb) What processes are indispensable to be performed? (250 words)c) What outcomes are required from these processes to achieve businessobjectives? (250 words)3. Determine the systems requirementsa) What are some of the possible software features or functionalities that thefirm should consider to achieve their IT investment objective? (250words)