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C/EI/29. The development of world ICTs has meant that managers can play in unpredictable and fast moving markets. Managers are made aware of new ways of strategic thinking that could generate useful efficiencies in the market. Discuss

WORDS:
2300
DATE:
2007
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29.99 GBP

This paper examined how ICTs have helped managers to make decisions and act strategically in markets that are becoming increasingly complex and unpredictable. First, the strategic decision-making literature and nature of uncertainty were discussed. Next, the grown of ICTs was presented. Finally, the role of ICTs in helping managers to leverage information and knowledge, key organizational resources, was discussed.

 

KEYWORDS: ICTs, uncertainty, decision-making,

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c business management web information capacity examination technology managers impact role decision moving strategic domain intelligence support systems effects economic performance proposal white appraisal standards services requirements growth schemes classification resource documents virtual architecture enterprise value chain crm relation customer revenue maximise communication unstructured process strategies study success inc dell workflow minitab markets fast unpredictable play aware thinking efficiencies useful generate meant icts usage ict issue social organisational world development ei market discuss tourism gett implications manage emerging lessons modelling data programme organisation types planning technique vital control operations understand engage organisations network
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