Recommendations of The Financial Crises Of The 1890s And The High Tide Of Populism (B) Case Solution

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Recommendations of The Financial Crises Of The 1890s And The High Tide Of Populism (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 advised to consider alternative 3. As alternative 3 would allow the company to broaden in international markets without any decrease in its local profits and any degeneration of its market position. The company could pursue alternative 1 which would allow the company to focus on prospective global markets rather than the regional markets but as the business is extremely reliant on the regional markets with 90% of its stores in the US, there fore pursuing option 1 would result in the considerable decrease in company's revenue.

Aletrnative-1: Expanding International Brick and Recommendations of The Financial Crises Of The 1890s And The High Tide Of Populism (B) Case Solution Stores

Growth towards global markets through opening new shops in other Europe and Asian nations with closing domestic shops is although a great alternative for increasing the global presence of the business. However, the closing of domestic shops might extremely impact the incomes of the firm as above 90% of its stores are located domestically and closing those stores would eventually decrease the revenues of the company. Additionally, the business has a long term market position in United States which can not be produced quickly in the brand-new markets. The option would help the company to broaden in international markets in addition to the removal of concerns raised in its local markets associated with its diversity. The benefits and drawbacks for Option 1 are listed below;

Pros:

• Expedition of new international markets.
• Boost in revenue from worldwide markets.
• Elimination of concerns related to variety.
• Income diversification.
• Step towards being a strong international brand.

Cons:

• Loss of extensive profits from the local markets.
• Boost in competition.
• Differences in cultures could led to a failure of the brand especially in Asian countries.
• Low profits at initial levels.
• Increase in marketing expenditures to get market share.

Alternative-2: Introduction of Click and Recommendations of The Financial Crises Of The 1890s And The High Tide Of Populism (B) Case Help Stores

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. could pose a serious hazard to the market share of business. In this situation the company could consider introducing Click and Recommendations of The Financial Crises Of The 1890s And The High Tide Of Populism (B) Case Solution shops. These shops with a low requirement of funds to settle would make it possible for the company to reach global markets, without ending its domestic stores.

Pros:

• Low investment
• Lowering competitors danger
• Access to the world markets
• Increasing the size of consumer base
• Easy to manage
• Big Revenues
• Low Operating Expense
• Easy brand-new market entryway

Cons:

• Hazard to the marketplace position
• Removal of brand name Uniqueness
• Removal of the excellent store experience.
• Threat of decline in elite sales.

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

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

Pros:

• Decreasing competition risk
• Access to the world markets
• Expanding customer base
• Big Profits
• Expedition of brand-new international markets.
• Increase in revenue from global markets.
• Profits diversification.
• Action towards being a strong international brand.

Cons:

• Continuation of problems associated with diversity.
• Differences in cultures might resulted in a failure of the brand specifically in Asian nations.
• Low earnings at initial levels.
• Boost in marketing expenditures to acquire market share.



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