Recommendations of Chrysler Corporation: Negotiations Between Daimler And Chrysler Case Solution

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Recommendations of Chrysler Corporation: Negotiations Between Daimler And Chrysler Case Study Analysis

On the basis of above internal and external analysis of the business along with the evaluation of numerous options, the company is suggested to think about alternative 3. As alternative 3 would enable the company to expand in international markets without any reduction in its local earnings and any degeneration of its market position. The company could pursue alternative 1 which would allow the business to focus on prospective worldwide markets rather than the regional markets but as the company is highly reliant on the regional markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the considerable decrease in company's income.

Aletrnative-1: Expanding International Brick and Recommendations of Chrysler Corporation: Negotiations Between Daimler And Chrysler Case Solution Stores

Expansion towards global markets through opening new shops in other Europe and Asian nations with closing domestic shops is although an excellent alternative for increasing the international existence of the company. Nevertheless, the closing of domestic shops might highly impact the earnings of the firm as above 90% of its stores are located domestically and closing those shops would eventually reduce the incomes of the company. The company has a long term market position in US which can not be produced soon in the new markets. The option would assist the business to broaden in international markets along with the elimination of issues raised in its regional markets related to its diversity. The benefits and drawbacks for Option 1 are listed below;

Pros:

• Expedition of new international markets.
• Boost in income from worldwide markets.
• Elimination of issues connected to variety.
• Income diversification.
• Action towards being a strong worldwide brand.

Cons:

• Loss of substantial incomes from the local markets.
• Increase in competitors.
• Differences in cultures might resulted in a failure of the brand name specifically in Asian nations.
• Low earnings at preliminary levels.
• Boost in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Chrysler Corporation: Negotiations Between Daimler And Chrysler Case Solution Stores

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on might position a serious hazard to the market share of business. In this situation the business could consider presenting Click and Recommendations of Chrysler Corporation: Negotiations Between Daimler And Chrysler Case Help shops. These stores with a low requirement of funds to settle would allow the company to reach global markets, without ending its domestic stores.

Pros:

• Low investment
• Decreasing competitors hazard
• Access to the world markets
• Enlarging consumer base
• Easy to manage
• Big Earnings
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Hazard to the market position
• Elimination of brand Uniqueness
• Removal of the great store experience.
• Risk of decline in elite sales.

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

Another alternative that the business might think about, is to broaden towards the international markets without closing its domestic stores that adds to the huge part of incomes of the company. The pros and cons related to Alternative 3 are offered listed below;

Pros:

• Lowering competition hazard
• Access to the world markets
• Expanding consumer base
• Big Profits
• Expedition of new global markets.
• Boost in profits from worldwide markets.
• Revenue diversity.
• Action towards being a strong worldwide brand.

Cons:

• Continuation of concerns associated with diversity.
• Differences in cultures might resulted in a failure of the brand especially in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenses to acquire market share.



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