Recommendations of Fighting Financial Crises Making Policy Case Help
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Recommendations of Fighting Financial Crises Making Policy Case Study Help
On the basis of above internal and external analysis of the business in addition to the assessment of numerous alternatives, the business is advised to think about alternative 3. As alternative 3 would allow the business to broaden in worldwide markets without any decrease in its local incomes and any wear and tear of its market position. By considering Alternative 3, the company could keep its shop experience and brand name originality. It might also consider alternative 2 that might permit the business to access the markets without any potential investment. The business could 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 option 1 would result in the significant decrease in business's revenue. Therefore, the company is recommended to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Fighting Financial Crises Making Policy Case Solution Stores
The company has a long term market position in US which can not be produced quickly in the brand-new markets. The option would help the company to expand in worldwide markets along with the removal of problems raised in its regional markets related to its variety.
Pros:
• Expedition of brand-new international markets.
• Increase in income from international markets.
• Elimination of concerns connected to diversity.
• Revenue diversity.
• Action towards being a strong international brand.
Cons:
• Loss of extensive earnings from the local markets.
• Boost in competition.
• Differences in cultures could caused a failure of the brand especially in Asian countries.
• Low profits at initial levels.
• Increase in marketing expenses to gain market share.
Alternative-2: Introduction of Click and Recommendations of Fighting Financial Crises Making Policy Case Help Stores
With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on could present a severe risk to the market share of business. In this situation the business could think about introducing Click and Recommendations of Fighting Financial Crises Making Policy Case Analysis stores. These shops with a low requirement of funds to settle would enable the company to reach global markets, without ending its domestic stores.
Pros:
• Low investment
• Minimizing competitors threat
• Access to the world markets
• Expanding customer base
• Easy to manage
• Large Earnings
• Low Operating Costs
• Easy brand-new market entryway
Cons:
• Hazard to the market position
• Elimination of brand name Uniqueness
• Elimination of the excellent store experience.
• Threat of decrease in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another choice that the business could consider, is to broaden towards the international markets without closing its domestic shops that contributes to the major part of revenues of the business. The advantages and disadvantages connected to Alternative 3 are given listed below;
Pros:
• Reducing competition danger
• Access to the world markets
• Enlarging consumer base
• Large Profits
• Expedition of brand-new worldwide markets.
• Increase in income from international markets.
• Earnings diversification.
• Action towards being a strong international brand.
Cons:
• Continuation of concerns related to variety.
• Distinctions in cultures could resulted in a failure of the brand name especially in Asian countries.
• Low incomes at preliminary levels.
• Boost in marketing expenses to get market share.
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