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The ABC corporation is a newly established company and the owner is looking for an efficient method of collecting, storing, Essay

The ABC corporation is a newly established company and the owner is looking for an efficient method of collecting, storing, and manipulating data. The corporation offers a variety of pet supplies and is initially a retailer that is currently selling products only online. As the corporation grows, it plans to also include physical retail locations in which to add services to the company’s offerings. As a startup business, the ABC corporation needs to implement a database management system to allow the collection and sharing of business data among the employees; thus, the database management system should allow for multiple users. The corporation is currently gathering information about database management systems and seeking a contractor to create and implement the system. Business data will be organized in a logical manner and will be retrieved using a client-server network. In your analysis provide the ABC corporation with information on database management systems and a recommendation from a contractor’s perspective. Information you are providing the ABC corporation should include the following: Provide a definition of a database management system (DBMS) and discuss the purpose(s) in business. Introduce the business scenario to analyze and discuss the benefits of implementing a database management system. Describe what business data the company would benefit from collecting and manipulating. Explain how a company uses a database management system to manage data collection, manipulate data and realize benefits from usage of a database management system. Discuss the components of a DBMS and the process of developing a DBMS for implementation. Discuss why companies utilize various systems for domestic and global business functions.

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