Why do we need databases as the socalled backends to our tra

Why do we need databases as the so-called \"back-ends\" to our transaction processing systems? What is their function and value?\"

Solution

A database management system is a combination of software programs which control the organization data in a database.We need database for support online handling of orders,to manage stock.

  Functions of Database are as follows
1.It provides management dicttionary
2.It helps in security to the management
3.It provides backup
4.More than one user can access control
5.Gives good presentation

3 Value of Database are income,market and cost approaches use for the valuation of database.