Writing a report on E-Commerce & how it relate to a current Coursework

Writing a report on E-Commerce & how it relate to a current Information System as used by business - Coursework Example The reliance on the ability of the internet to perform all business related transactions forms a major problem of this research study. In particular is the use of information systems that are so invaluable to E-commerce that its success relies on them. While E-commerce is important to the world, the use of information systems like Transaction System remains important and the subject of the research study. It is a common knowledge that E-commerce relies on different information systems to drive business and the utility of the systems enhance the competitive ability of companies which are in the industry. Scarle, et.al, (2012, p.382) defines transaction as methods of economic agents to initiate and execute business related transactions that involves orders and payments. The need to include transaction systems in E-commerce is due to the nature of extension in the range and scale of economic activities that E-commerce and use of internet has incorporated. Virtual transactions are a major part of e-commerce that enables consumers to experience products before they initiate purchases. Devoid of social interaction that characterizes traditional type of trade; virtual transactions have their own advantages and disadvantages. Thus, virtual transactions attract a wide range of issues that may require regulations (Scarle, et.al, 2012, p.382). Virtual transactions entail a lot of transactions that involve ordering, processing and payment. In many occasions, transactions processing systems should enable a customer to select their preferences without any hitches. Li, Tu, Yen and Xia (2010, p. 1 9) suggests that a transactions processing systems should allow a company to process the orders of the customers in a fast and an optimal manner. Transactions may fail due to the system that is used for ordering and processing the orders. Li, et.al, (2010, p.28) suggests that a new SQL model that caters for