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This merger created bags of problem towards the company. Morgan Stanley’s staff did not accept the merger while Dean Witter’s employees felt disrespected by outsiders. The Retail Brokerage division did not integrate well with the other divisions. More than that, the company also faced difficulties because they did not invest enough technologically. In consequence, the company’s computer system was outdated and could not handle daily tasks efficiently, computers often crashed, printers clogged, and clients often complained about their website. In addition, the company’s competitors were already heavily investing in technology and this further complicates the situation...
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