Week 1 Task

Information Systems (SI) are an integral part of a well-run business. SI’s simplify information sharing by organizing data and how and who sees it. They can speed up the daily, monotonous processes that perhaps a computer could do and perform the calculations that humans may not be accurate to measure/calculate. A well crafted, understood, and managed SI can save businesses time, personnel, and money, perhaps even saving the business itself. There are a few types of SI’s, but I’ll discuss Electronic-Commerce.

Electronic-Commerce (e-commerce) is any business transaction performed electronically between companies, companies and consumers, consumers and other consumers, business and the public sector, and consumers and the public sector. Mobile Commerce (m-commerce) being electronic commerce done using any wireless, mobile device (phone, handheld/laptop computer, or other mobile devices). E-commerce is valuable in allowing even small businesses access to a larger more global market, streamlining work activities by saving time and energy, and just simply making transactions more convenient. Now the average consumer can purchase products and services on their phone during their daily activities instead of having to travel to a brick-and-mortar business. With e- commerce, business transactions take fewer personnel to run, reducing the costs of operating the business. These aspects are what is making e-commerce grow rapidly, and creating more business opportunities.

An example of an E-Commerce transaction would be a consumer using the website server to make a purchase. The buyer listing their item, quantity, shipping methods, and credit card information would be the Input. The server calculating the information, checking the validity and purchase with the credit card would be the processing. The output is the server giving the information of the purchase to the buyer in the form of a document. The feedback is the systems records and calculations of the process and feelings of the consumer. This can be used to further the use and efficiency of the labor and cost efficient use of the system and essentially the business.