Recommendations of Bretton Woods And The Financial Crisis Of 1971 (B) Case Help

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Recommendations of Bretton Woods And The Financial Crisis Of 1971 (B) Case Study Help

On the basis of above internal and external analysis of the business along with the evaluation of various alternatives, the business is suggested to think about alternative 3. As alternative 3 would enable the company to expand in worldwide markets without any reduction in its local incomes and any wear and tear of its market position. The company might pursue alternative 1 which would make it possible for the company to focus on prospective global markets rather than the regional markets however as the business is highly reliant on the regional markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the significant decline in business's income.

Aletrnative-1: Expanding International Brick and Recommendations of Bretton Woods And The Financial Crisis Of 1971 (B) Case Help Stores

Expansion towards worldwide markets through opening brand-new shops in other Europe and Asian nations with closing domestic stores is although a good alternative for increasing the global existence of the business. The closing of domestic shops might highly impact the profits of the company as above 90% of its shops are situated locally and closing those shops would ultimately reduce the earnings of the company. The company has a long term market position in US which can not be produced quickly in the new markets. The alternative would help the company to expand in international markets together with the elimination of issues raised in its local markets connected to its diversity. The advantages and disadvantages for Alternative 1 are listed below;

Pros:

• Expedition of new worldwide markets.
• Boost in revenue from global markets.
• Removal of problems related to variety.
• Income diversification.
• Action towards being a strong global brand name.

Cons:

• Loss of substantial earnings from the local markets.
• Boost in competition.
• Differences in cultures might caused a failure of the brand especially in Asian nations.
• Low incomes at initial levels.
• Boost in marketing expenses to gain market share.

Alternative-2: Introduction of Click and Recommendations of Bretton Woods And The Financial Crisis Of 1971 (B) Case Solution Stores

Alternative 2 consists of the introduction of online market places through producing a proper business's site. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on might present a severe danger to the market share of business. The competitors are moving towards click and Recommendations of Bretton Woods And The Financial Crisis Of 1971 (B) Case Analysis stores with Gap presenting Piperline. This shift towards online markets might decrease the earnings for business. In this situation the company might consider introducing Click and Recommendations of Bretton Woods And The Financial Crisis Of 1971 (B) Case Analysis shops. These stores with a low requirement of funds to settle would enable the company to reach international markets, without ending its domestic shops. The benefits and drawbacks of option 2 are offered as follows;

Pros:

• Low financial investment
• Reducing competition threat
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Large Incomes
• Low Operating Costs
• Easy new market entrance

Cons:

• Threat to the market position
• Removal of brand name Originality
• Elimination of the terrific shop experience.
• Threat of decrease in elite sales.

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

Another choice that the company could think about, is to expand towards the global markets without closing its domestic shops that contributes to the huge part of revenues of the business. The pros and cons connected to Alternative 3 are offered below;

Pros:

• Minimizing competition hazard
• Access to the world markets
• Enlarging customer base
• Big Incomes
• Expedition of new global markets.
• Boost in earnings from worldwide markets.
• Income diversity.
• Step towards being a strong international brand.

Cons:

• Extension of problems connected to variety.
• Distinctions in cultures could resulted in a failure of the brand specifically in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenses to gain market share.



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