Recommendations of The Aquaculture Industry In The Philippines Creating Social Values At Marina Gana Vida Case Solution

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Recommendations of The Aquaculture Industry In The Philippines Creating Social Values At Marina Gana Vida Case Study Analysis

On the basis of above internal and external analysis of the company together with the evaluation of different alternatives, the company is suggested to consider alternative 3. As alternative 3 would permit the company to expand in worldwide markets without any decrease in its regional incomes and any deterioration of its market position. By thinking about Alternative 3, the business might keep its shop experience and brand name individuality. However, it could also think about alternative 2 that could permit the company to access the marketplaces without any prospective investment. Although, the business could pursue alternative 1 which would enable the company to concentrate on possible global markets instead of the regional markets but as the business is extremely dependent on the regional markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the substantial decline in company's revenue. Therefore, the company is suggested to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of The Aquaculture Industry In The Philippines Creating Social Values At Marina Gana Vida Case Solution Stores

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

Pros:

• Exploration of brand-new global markets.
• Increase in profits from international markets.
• Removal of problems related to variety.
• Earnings diversity.
• Step towards being a strong worldwide brand.

Cons:

• Loss of substantial earnings from the local markets.
• Boost in competitors.
• Distinctions in cultures might caused a failure of the brand particularly in Asian nations.
• Low earnings at initial levels.
• Boost in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of The Aquaculture Industry In The Philippines Creating Social Values At Marina Gana Vida Case Solution Stores

Alternative 2 includes the intro of online market locations through producing an appropriate company's website. With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might present an extreme risk to the market share of company. The competitors are shifting towards click and Recommendations of The Aquaculture Industry In The Philippines Creating Social Values At Marina Gana Vida Case Analysis stores with Space presenting Piperline. This shift towards online markets might decrease the incomes for company. In this scenario the business could think about introducing Click and Recommendations of The Aquaculture Industry In The Philippines Creating Social Values At Marina Gana Vida Case Help shops. These stores with a low requirement of funds to settle would allow the business to reach global markets, without ending its domestic stores. The benefits and drawbacks of alternative 2 are given as follows;

Pros:

• Low investment
• Minimizing competitors danger
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Big Earnings
• Low Operating Expense
• Easy new market entryway

Cons:

• Danger to the marketplace position
• Elimination of brand Originality
• Elimination of the terrific shop experience.
• Threat of decline in elite sales.

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

Another choice that the business might consider, is to expand towards the international markets without closing its domestic stores that adds to the major part of earnings of the company. The benefits and drawbacks associated with Alternative 3 are provided listed below;

Pros:

• Decreasing competitors hazard
• Access to the world markets
• Enlarging customer base
• Big Revenues
• Expedition of new global markets.
• Increase in profits from global markets.
• Profits diversity.
• Step towards being a strong international brand.

Cons:

• Extension of problems associated with diversity.
• Differences in cultures could resulted in a failure of the brand specifically in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenses to acquire market share.



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