The effects of retail channel integration through the use of Essay

The effects of retail channel consolidation through the use of information technologies on Firm performance - Essay ExampleThe member The effects of retail channel integration through the use of information technologies on Firm performance gives a vivid insight into the strategy that stooge be utilizeed to integrate activities across multiple channels. This resolution lies in the use of information technology, a solution that offers a promising opportunity for closely of the retail firms. This is because it is directed towards the enhancement of the relationship that exists between them and their customers. This is, in addition to improving the performance, of the firm in virtually all sectors. This can be even to the fact that the goal of most firms is to improve peoples lives through their services and products. This is, in addition to, making profits that can enable them stoppage in the market for a long time. Throughout the article, the authors stomach focused on the cons tructive effects of information technology just to encourage those who atomic number 18 not into it to try out. They base this on the fact that by integrating both traditional and contemporary Channels within the retail industries efficiency and integration is improved. These effects, in one way or another, function to the act of the firm as well as customers who are among the key stake holders in any given firm. Another fact is that environment has a role to play because its dynamism is a sure moderating factor of the effects brought about by competence and modernization. All these attributes are aimed at inciting firms to employ this technique in both the retail and service sectors especially to those firms that have both physical and online operation. (Khosrowpou, 2006). unfavorable judgment of article In the modern world of business, there has been increased shift towards the creation of positive environment that enhances productivity and efficiency. Thus, why many firms reso lve to employ CRM software to provide a dependable platform for both customers and firms. This, in part, corresponds to the message in the article discussed. However, even though there is the persistence of bankers acceptance of technology, it should be noted that it is not for all companies to use it for some use excel and outlook in a stationary surroundings to uphold their information. In such a company, high technology such as use of CRM software is undoubtedly inappropriate. Therefore, the article has not emphasizingd on what companies are eligible to this high technology, for this is most prominent in growing businesses who are obliged to manage customers information with reliable software especially in the constantly changing business environment (Sambumurthy, 2003). However, the article has a valuable message concerning the ways in which businesses can manage change. This is because the modern day organizations have become complex, uncertain and more unpredictable, and, the refore, invention of ways of overcoming these challenges. Therefore, the advent of globalization demands that companies keep themselves up-to-date either through the latest technology or way fad (Lin-Bin et al, 2010). This vertical integration has numerous effects on the factors that lead to firms performance such as increasing firm size and reducing uncertainty. However, it has also its own