Recommendations of Negotiations Between Chrysler Corporation And Daimler-Benz Ag Case Solution
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Recommendations of Negotiations Between Chrysler Corporation And Daimler-Benz Ag Case Study Help
On the basis of above internal and external analysis of the business along with the evaluation of different options, the company is advised to think about alternative 3. As alternative 3 would allow the business to expand in international markets without any reduction in its regional incomes and any degeneration of its market position. The business could pursue alternative 1 which would make it possible for the company to focus on prospective international markets rather than the local markets but as the company is highly reliant on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the substantial decline in business's income.
Aletrnative-1: Expanding International Brick and Recommendations of Negotiations Between Chrysler Corporation And Daimler-Benz Ag Case Help Stores
The company has a long term market position in United States which can not be created soon in the new markets. The choice would help the company to expand in worldwide markets along with the elimination of issues raised in its local markets related to its variety.
Pros:
• Expedition of new global markets.
• Boost in income from international markets.
• Removal of concerns associated with variety.
• Profits diversity.
• Step towards being a strong worldwide brand.
Cons:
• Loss of extensive profits from the local markets.
• Boost in competitors.
• Differences in cultures could led to a failure of the brand especially in Asian countries.
• Low earnings at preliminary levels.
• Boost in marketing expenditures to get market share.
Alternative-2: Introduction of Click and Recommendations of Negotiations Between Chrysler Corporation And Daimler-Benz Ag Case Help Stores
With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on might present a severe danger to the market share of business. In this scenario the business might consider presenting Click and Recommendations of Negotiations Between Chrysler Corporation And Daimler-Benz Ag Case Help shops. These stores with a low requirement of funds to settle would enable the company to reach worldwide markets, without ending its domestic stores.
Pros:
• Low investment
• Decreasing competition risk
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Big Earnings
• Low Operating Expense
• Easy new market entryway
Cons:
• Risk to the marketplace position
• Removal of brand Individuality
• Removal of the excellent store experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another alternative that the business could consider, is to expand towards the worldwide markets without closing its domestic stores that contributes to the major part of incomes of the business. The benefits and drawbacks associated with Alternative 3 are offered below;
Pros:
• Minimizing competition danger
• Access to the world markets
• Enlarging customer base
• Large Incomes
• Exploration of new global markets.
• Increase in profits from international markets.
• Revenue diversity.
• Action towards being a strong global brand.
Cons:
• Extension of concerns connected to variety.
• Distinctions in cultures could caused a failure of the brand specifically in Asian nations.
• Low revenues at initial levels.
• Increase in marketing expenditures to acquire market share.
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