Cloud Nine Financial Advisors Essay
Rizzan Rae Rivera S.A.D.
01-17-11 313
Case Study #1: Cloud Nine Financial Advisors
Based on my research about online stores like Ebay, Walmart and Amazon.com, I would definitely suggest that Mr. Layton invest on Dot-com stocks for it will bring many improvements in the company. The store is open, 24 hrs a day, 7 days a week. Further, your customers are worldwide in reach, and can shop anytime that they want to. The target market would definitely be larger, since the information about the stocks that they’re selling would be published in the internet. According to the latest Nielsen Global Online Survey, more than 85% of the world's online population has used the internet to make a purchase - this is about 875 million people. Having said …show more content…
Advantages: ▪ Mommas would be more accessible to costumers since Global Hotel offers one stop online reservations. ▪ Greater operational efficiency by applying Global Hotel’s technology ▪ It will allow Mommas to enter related businesses, new geographic markets and gain new technological knowledge. ▪ Regular costumers of Global Hotel will have an idea on what Mommas is, and what it has to offer. ▪ Access to greater resources, including specialized customer support staff and technology
Disadvantages: ▪ Different management and information system styles can result in poor integration and co-operation. ▪ Since the I.S. used by Global is not designed specifically for Mommas, it may cause problems in the future. ▪ Costumers might find it confusing since they’re somehow used to the old system that Mommas had before. ▪ What’s good for a large company might not be the case for a small to medium sized business like Mommas.
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01-17-11 313
Case Study #1: Cloud Nine Financial Advisors
Based on my research about online stores like Ebay, Walmart and Amazon.com, I would definitely suggest that Mr. Layton invest on Dot-com stocks for it will bring many improvements in the company. The store is open, 24 hrs a day, 7 days a week. Further, your customers are worldwide in reach, and can shop anytime that they want to. The target market would definitely be larger, since the information about the stocks that they’re selling would be published in the internet. According to the latest Nielsen Global Online Survey, more than 85% of the world's online population has used the internet to make a purchase - this is about 875 million people. Having said …show more content…
Advantages: ▪ Mommas would be more accessible to costumers since Global Hotel offers one stop online reservations. ▪ Greater operational efficiency by applying Global Hotel’s technology ▪ It will allow Mommas to enter related businesses, new geographic markets and gain new technological knowledge. ▪ Regular costumers of Global Hotel will have an idea on what Mommas is, and what it has to offer. ▪ Access to greater resources, including specialized customer support staff and technology
Disadvantages: ▪ Different management and information system styles can result in poor integration and co-operation. ▪ Since the I.S. used by Global is not designed specifically for Mommas, it may cause problems in the future. ▪ Costumers might find it confusing since they’re somehow used to the old system that Mommas had before. ▪ What’s good for a large company might not be the case for a small to medium sized business like Mommas.
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