Recommendations of Government E Procurement Electronic Tendering System In The Hong Kong Sar Case Solution

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Recommendations of Government E Procurement Electronic Tendering System In The Hong Kong Sar Case Study Help

On the basis of above internal and external analysis of the business along with the assessment of various alternatives, the company is suggested to consider alternative 3. As alternative 3 would enable the business to expand in international markets without any decrease in its local earnings and any degeneration of its market position. The business might pursue alternative 1 which would make it possible for the business to focus on possible global markets rather than the local markets but as the company is extremely dependent on the local markets with 90% of its shops in the US, there fore pursuing option 1 would result in the considerable decline in business's revenue.

Aletrnative-1: Expanding International Brick and Recommendations of Government E Procurement Electronic Tendering System In The Hong Kong Sar Case Help Stores

The company has a long term market position in United States which can not be produced soon in the new markets. The alternative would help the business to broaden in international markets along with the removal of problems raised in its local markets related to its diversity.

Pros:

• Expedition of brand-new worldwide markets.
• Boost in profits from international markets.
• Elimination of issues associated with diversity.
• Earnings diversification.
• Step towards being a strong international brand.

Cons:

• Loss of comprehensive earnings from the regional markets.
• Boost in competitors.
• Differences in cultures could caused a failure of the brand especially in Asian nations.
• Low profits at initial levels.
• Boost in marketing expenses to gain market share.

Alternative-2: Introduction of Click and Recommendations of Government E Procurement Electronic Tendering System In The Hong Kong Sar Case Solution Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba and so on might posture an extreme risk to the market share of company. In this circumstance the business could consider introducing Click and Recommendations of Government E Procurement Electronic Tendering System In The Hong Kong Sar Case Analysis shops. These shops with a low requirement of funds to settle would make it possible for the company to reach global markets, without ending its domestic stores.

Pros:

• Low investment
• Reducing competition danger
• Access to the world markets
• Expanding customer base
• Easy to handle
• Big Incomes
• Low Operating Costs
• Easy new market entrance

Cons:

• Danger to the market position
• Removal of brand name Uniqueness
• Removal of the excellent store experience.
• Danger of decline in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another option that the business might consider, is to broaden towards the global markets without closing its domestic shops that adds to the huge part of incomes of the company. The pros and cons connected to Alternative 3 are provided below;

Pros:

• Minimizing competitors threat
• Access to the world markets
• Expanding customer base
• Large Revenues
• Exploration of new international markets.
• Increase in income from global markets.
• Revenue diversification.
• Step towards being a strong global brand name.

Cons:

• Extension of concerns related to variety.
• Differences in cultures might caused a failure of the brand name specifically in Asian nations.
• Low earnings at preliminary levels.
• Increase in marketing expenses to get market share.



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