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IT strategy that allows a supplier to examine the business’s inventory and order processing system is an efficient way of achieving this goal.
PROBLEMS WITH STRATEGY FORMULATION
Essentially there is no problem with strategy formation, who does not want to differentiate his products or decrease costs?
PROBLEMS WITH STRATEGY IMPLEMENTATION
The cost is prohibitive for some partners...
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As the partners do not have these systems and do not want to have these systems, this leads to lack of implementation.
Strategy implementation becomes difficult because partners fear that implementing the strategy will lead to layoffs. Many midlevel managers especially in the purchase department may lose their jobs...
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Business Processes And Information Systems
If You Were James Gorman, The New Head Of Global Wealth Management, What Information Systems Would You Invest In? Why? Do You Think Morgan Stanley’S Plans For An Integrated Client Information System Are Worthwhile?
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