Recommendations of The Panic Of 1837 And The Market Revolution In America (A) And (B) Case Solution

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Recommendations of The Panic Of 1837 And The Market Revolution In America (A) And (B) Case Study Solution

On the basis of above internal and external analysis of the company in addition to the examination of different options, the company is recommended to consider alternative 3. As alternative 3 would enable the company to broaden in international markets without any decrease in its regional revenues and any deterioration of its market position. By considering Alternative 3, the business could preserve its shop experience and brand name uniqueness. It could also think about alternative 2 that might enable the business to access the markets without any prospective financial investment. Although, the company could pursue alternative 1 which would make it possible for the company to concentrate on potential international markets rather than the regional markets but as the company is extremely depending on the regional markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the substantial decline in business's profits. For that reason, the business is advised to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of The Panic Of 1837 And The Market Revolution In America (A) And (B) Case Help Stores

The company has a long term market position in US which can not be generated quickly in the new markets. The choice would help the business to broaden in global markets along with the removal of concerns raised in its local markets related to its variety.

Pros:

• Expedition of brand-new global markets.
• Boost in profits from international markets.
• Elimination of issues associated with variety.
• Earnings diversification.
• Action towards being a strong worldwide brand.

Cons:

• Loss of substantial revenues from the regional markets.
• Boost in competition.
• Differences in cultures might led to a failure of the brand name particularly in Asian countries.
• Low incomes at preliminary levels.
• Boost in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of The Panic Of 1837 And The Market Revolution In America (A) And (B) Case Solution Stores

Alternative 2 includes the introduction of online market places through creating an appropriate business's site. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. could position a serious hazard to the marketplace share of company. The rivals are shifting towards click and Recommendations of The Panic Of 1837 And The Market Revolution In America (A) And (B) Case Help stores with Space presenting Piperline. This shift towards online markets might reduce the incomes for business. In this situation the business might think about introducing Click and Recommendations of The Panic Of 1837 And The Market Revolution In America (A) And (B) Case Analysis stores. These shops with a low requirement of funds to settle would allow the business to reach worldwide markets, without ending its domestic shops. The benefits and drawbacks of option 2 are offered as follows;

Pros:

• Low investment
• Reducing competition threat
• Access to the world markets
• Expanding customer base
• Easy to handle
• Large Profits
• Low Operating Costs
• Easy new market entryway

Cons:

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

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

Another choice that the company could consider, is to expand towards the worldwide markets without closing its domestic stores that adds to the major part of incomes of the company. The benefits and drawbacks related to Alternative 3 are given below;

Pros:

• Decreasing competitors risk
• Access to the world markets
• Increasing the size of consumer base
• Big Revenues
• Expedition of brand-new global markets.
• Boost in profits from global markets.
• Profits diversification.
• Step towards being a strong worldwide brand.

Cons:

• Continuation of problems related to diversity.
• Distinctions in cultures could led to a failure of the brand particularly in Asian nations.
• Low profits at initial levels.
• Increase in marketing expenses to get market share.



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