Recommendations of The Panic Of 1791: Hamiltons Reports And The Rise Of Faction (A) And (B) Case Analysis

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Recommendations of The Panic Of 1791: Hamiltons Reports And The Rise Of Faction (A) And (B) Case Study Analysis

RecommendationsOn the basis of above internal and external analysis of the business along with the assessment of different alternatives, the company is suggested to consider alternative 3. As alternative 3 would permit the business to broaden in international markets without any reduction in its local profits and any degeneration of its market position. The company might pursue alternative 1 which would make it possible for the business to focus on potential worldwide markets rather than the local markets but as the business is highly dependent on the local markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the substantial decline in company's earnings.

Aletrnative-1: Expanding International Brick and Recommendations of The Panic Of 1791: Hamiltons Reports And The Rise Of Faction (A) And (B) Case Solution Stores

International SegmentsExpansion towards global markets through opening new stores in other Europe and Asian countries with closing domestic shops is although an excellent choice for increasing the worldwide existence of the business. The closing of domestic stores could highly affect the earnings of the company as above 90% of its shops are situated domestically and closing those stores would eventually minimize the incomes of the company. The business has a long term market position in United States which can not be generated quickly in the new markets. The choice would help the company to expand in global markets along with the elimination of concerns raised in its local markets connected to its variety. The pros and Cons for Alternative 1 are listed below;

Pros:

• Expedition of brand-new global markets.
• Boost in earnings from global markets.
• Elimination of concerns connected to variety.
• Earnings diversification.
• Action towards being a strong worldwide brand.

Cons:

• Loss of comprehensive earnings from the regional markets.
• Boost in competitors.
• Distinctions in cultures might caused a failure of the brand specifically 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 Panic Of 1791: Hamiltons Reports And The Rise Of Faction (A) And (B) Case Help Stores

With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on could posture a serious threat to the market share of company. In this situation the business might think about presenting Click and Recommendations of The Panic Of 1791: Hamiltons Reports And The Rise Of Faction (A) And (B) Case Help shops. These shops with a low requirement of funds to settle would enable the company to reach international markets, without ending its domestic shops.

Pros:

• Low financial investment
• Minimizing competitors threat
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Big Earnings
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Risk to the market position
• Removal of brand Individuality
• Removal of the excellent shop experience.
• Threat of decline in elite sales.

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

Another choice that the company might think about, is to broaden towards the international markets without closing its domestic shops that adds to the major part of profits of the company. The pros and cons connected to Alternative 3 are given listed below;

Pros:

• Minimizing competitors threat
• Access to the world markets
• Expanding consumer base
• Large Earnings
• Expedition of brand-new international markets.
• Increase in earnings from global markets.
• Income diversity.
• Action towards being a strong global brand.

Cons:

• Extension of concerns connected to diversity.
• Differences in cultures could caused a failure of the brand particularly in Asian nations.
• Low earnings at preliminary levels.
• Boost in marketing expenses to gain market share.



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