Answered>Order 12628

Compose a 2000 words essay on Information systems. Needs to be plagiarism free!

For Aalsmeer Flower Auction the first thing that needs to be done is to analyze and obtain the information requirements for the auction site. In order to do this they must first device a strategy for information gathering. An information strategy is defined as the process for capturing, integrating, processing,

delivery and presentation of information in a constituent in a timely manner (Majid, 2007). Thus, information and requirements gathering forms the foremost and the most important part of the development process.

The first step in gathering information is to conduct user surveys and a companywide review so that the development team can gain a better insight on the problem domain and the kind of solution it requires (Hansen et all, 1999). The development team will conduct meetings with the board of Aalsmeer flower auctions to determine what kind of auction strategy they will follow and what key features will be needed in the end product.

The case study requires us to develop an online auction for buyers and sellers to interact, place orders, set prices and then receive goods through a distribution channel. Aaslmeer has to record the data for the financial transactions, customer details, distribution channels and ratings for individual customers and suppliers.

The prices in the online auction will be set using the demand and supply mechanism. Buyers will bid on the products and sellers will determine the best the bid and then sell the products to the highest bidder. The auction will start off with a base price, which is then increased consequently when buyers bid on the product. The bidding process ends after a stipulated time and the highest bid becomes the selling price.

The prices of different products will be stored in a database. The prices will usually follow world prices for flowers and related products, which