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How can Internet technologies help a business form strategic alliances with its customers suppliers and others?
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∙ 12y ago
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∙ 8y agointernet technologies can help businesses to better stay in touch with their clients and also to keep their clinents updated on the status of their business and accomodations.
Anonymous
Information technology can help a business form strategic alliances with its customers, suppliers, and others by enabling communications, collaboration, and information sharing in ways that were never before possible. By virtue of working together online, managers can monitor and automatically capture process metrics, identify bottlenecks, and recommend process improvements within and between organizations
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Customers, suppliers, and so on.
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customers and suppliers
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Customers - eg. relative bargaining power of customers Suppliers - eg. relative bargaining power of suppliers Competitors Substitutes and degree of substitutes Ease of entry - eg. entry barriers such as government licenses required
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How can business technologies help a business form a strategic alliance with its customers suppliers and others?
internet technologies can help businesses to better stay in touch with their clients and also to keep their clinents updated on the status of their business and accomodations.
Identify five players that could form a strategic alliance with a business?
customers,suppliers,etc
How can internet technology help a business form strategic alliances with customers suppliers and other parties in local Malaysia companies?
The Internet provides a number of ways for Malaysian companies to form strategic alliances with customers suppliers and other parties. By leveraging the power of the Internet companies can create a strong and lasting relationship with these stakeholders. One way to use Internet technology to form strategic alliances is by using online communication tools such as email and instant messaging. These tools allow companies to quickly and easily reach out to customers suppliers and other partners in order to develop relationships and discuss potential collaborations. Additionally companies can use these tools to stay in touch with partners and ensure that the alliance remains strong. Another way to use Internet technology is through social media. Platforms such as Facebook Twitter and LinkedIn can be used to form relationships with customers and other partners. Companies can use these platforms to share updates news and other information with their partners as well as engage in conversations. Additionally social media can be used to share content related to the companys products and services allowing partners to become more familiar with the companys offerings. Finally companies can use Internet technology to create an online presence. By having an online presence companies can reach out to customers suppliers and other partners as well as display their products and services. Additionally companies can use their online presence to engage with customers and partners building relationships and deepening the alliance. In conclusion Internet technology can be used in a variety of ways to form strategic alliances with customers suppliers and other parties in local Malaysian companies. By leveraging the power of the Internet companies can create a strong and lasting relationship with these stakeholders allowing them to strengthen their presence in the local market.
What is the Difference in supply chain and supply chain management?
Supply chain is the set of activities and resources that moves products from suppliers to customers. Supply chain management is the collaboration of firms to leverage strategic positioning and improve operating efficiency bringing value to customers.
Who are the stakeholders in Morrison's supermarket?
staff, customers, suppliers, owners, security suppliers, etc
What is the core competencies of Walmart?
1) Low cost operations and hence low prices 2) Better use of JIT and other technologies 3) Streamlined systems and technologies to maintain communication and relatioships with suppliers and customers 4) The way its employees work efficiently
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Customers, suppliers, and so on.
Why are suppliers interested about the business?
It is in the best interest of suppliers if the companies that they sell to do well. Many suppliers attempt to create long-term relationships with customers in order to get repeat business. The better their regular customers perform, the more likely the suppliers are to get repeat business.
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employer, customers, suppliers
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the market is influenced or controlled by two suppliers or customers
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freebies
What website that often involves a strategic alliance between a firm and its suppliers?
electronic exchange
