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Essay text:
“The firm is misusing its resources and not earning an
adequate return,” the letter said, “The company should abandon its
misguided entry into comput-ers, and sell the Product and
Systems Segment. Management must focus on creating value for
shareholders.” Teletech issued a brief statement emphasizing the
virtues of a link between com-puter technology and
telecommunications.
TELETECH CORPORATION, 1996
Margaret Weston, Teletech’s chief financial officer, learned of
Yossarian’s letter late one eveing in early January 1996. Quickly
she organized a team of lawyers and finance staff to assess
the threat...
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