Recommendations of Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Analysis

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Recommendations of Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Help

On the basis of above internal and external analysis of the company along with the evaluation of different options, the business is suggested to think about alternative 3. As alternative 3 would enable the company to broaden in global markets without any decrease in its regional earnings and any deterioration of its market position. The business might pursue alternative 1 which would enable the company to focus on possible global markets rather than the regional markets however as the business is extremely dependent on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the significant decline in business's income.

Aletrnative-1: Expanding International Brick and Recommendations of Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Help Stores

The company has a long term market position in United States which can not be generated quickly in the brand-new markets. The alternative would help the business to broaden in international markets along with the elimination of concerns raised in its regional markets related to its variety.

Pros:

• Expedition of brand-new worldwide markets.
• Increase in profits from worldwide markets.
• Elimination of issues related to variety.
• Income diversity.
• Action towards being a strong international brand name.

Cons:

• Loss of extensive earnings from the local markets.
• Boost in competition.
• Distinctions in cultures might resulted in a failure of the brand particularly in Asian nations.
• Low profits at initial levels.
• Increase in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Help Stores

Alternative 2 consists of the intro of online market places through producing an appropriate company's website. With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. could present a serious threat to the marketplace share of business. Furthermore, the rivals are moving towards click and Recommendations of Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Help shops with Gap introducing Piperline. This shift towards online markets could decrease the earnings for company. In this scenario the business could think about introducing Click and Recommendations of Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Help shops. These shops with a low requirement of funds to settle would enable the business to reach international markets, without ending its domestic shops. The pros and cons of alternative 2 are provided as follows;

Pros:

• Low investment
• Decreasing competitors danger
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Big Revenues
• Low Operating Expense
• Easy brand-new market entryway

Cons:

• Hazard to the marketplace position
• Elimination of brand Uniqueness
• Elimination of the fantastic shop experience.
• Risk of decline in elite sales.

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

Another option that the company might consider, is to expand towards the worldwide markets without closing its domestic stores that adds to the major part of earnings of the business. The advantages and disadvantages connected to Alternative 3 are offered listed below;

Pros:

• Decreasing competition hazard
• Access to the world markets
• Enlarging customer base
• Large Incomes
• Exploration of brand-new international markets.
• Increase in profits from worldwide markets.
• Revenue diversity.
• Action towards being a strong global brand name.

Cons:

• Extension of problems related to variety.
• Distinctions in cultures could caused a failure of the brand name particularly in Asian nations.
• Low profits at initial levels.
• Boost in marketing expenditures to get market share.



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