Managerial Support Systems Assignment Example | Topics and Well Written Essays - 250 words

Managerial Support Systems - Assignment Example Even though the overall market for the overall retail online market still represents less than 5% of the retail market the trend is toward online sales becoming a driving force during the 2nd decade of the 21st century . The future customers with the highest potential buying power are the generation Y members. Along with this group all internet users expect and desire certain things from corporate websites. One of the first things a customer desires in a website is good information. The information about the firm’s product must be presented in a way that the client receives and reads about the best attributes about the product or service and how it is better than the competition. A corporate website serves the dual purpose of serving both customers and other stakeholders. A stakeholder group that utilizes a lot the information provided in websites is investors. Investors of corporations expect the annual report to be available within the corporate website. Other information the investors and potential clients expect from customer is information regarding the corporate responsibility efforts of the firm. Corporate responsibility has become strategic focus that can make a major difference in a corporation’s bottom line. There are different things that a company could perform to improve the services and the quality of its web presence. Customers like to receive up to date data and information and quick service when they make an inquiry. A way to ensure the customer receives the fastest service possible is include in a corporate website an interactive communication system. Online customers expect much more from businesses nowadays. A corporate website should include either a forum or an online communication system that provides an instant chat room for the customer to communicate with a customer service representative in real time. A website can substitute the need of having a full time staff of customer representatives working at a call