Recommendations of The Panic Of 1857 Nationalism And Secession (A) Case Solution

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Recommendations of The Panic Of 1857 Nationalism And Secession (A) Case Study Solution

On the basis of above internal and external analysis of the business together with the assessment of various options, the business is recommended to think about alternative 3. As alternative 3 would enable the business to broaden in international markets without any decrease in its local earnings and any deterioration of its market position. By considering Alternative 3, the company could maintain its store experience and brand individuality. Nevertheless, it might also think about alternative 2 that might enable the company to access the marketplaces without any potential investment. The company could pursue alternative 1 which would enable the business to focus on prospective global markets rather than the regional markets however as the company is highly reliant on the regional markets with 90% of its shops in the US, there fore pursuing option 1 would result in the significant decrease in company's profits. Therefore, the company is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of The Panic Of 1857 Nationalism And Secession (A) Case Solution Stores

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

Pros:

• Exploration of brand-new worldwide markets.
• Boost in income from worldwide markets.
• Removal of concerns associated with diversity.
• Profits diversity.
• Action towards being a strong global brand.

Cons:

• Loss of comprehensive revenues from the local markets.
• Boost in competition.
• Differences in cultures could led to a failure of the brand name particularly in Asian nations.
• Low profits at preliminary levels.
• Increase in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of The Panic Of 1857 Nationalism And Secession (A) Case Help Stores

Alternative 2 consists of the introduction of online market places through creating a correct company's website. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on could pose a serious hazard to the market share of business. The rivals are shifting towards click and Recommendations of The Panic Of 1857 Nationalism And Secession (A) Case Solution shops with Gap introducing Piperline. This shift towards online markets could lower the earnings for business. In this circumstance the business might consider presenting Click and Recommendations of The Panic Of 1857 Nationalism And Secession (A) Case Solution shops. These stores with a low requirement of funds to settle would enable the business to reach international markets, without ending its domestic shops. The pros and cons of alternative 2 are offered as follows;

Pros:

• Low investment
• Lowering competition hazard
• Access to the world markets
• Enlarging customer base
• Easy to handle
• Large Incomes
• Low Operating Costs
• Easy new market entrance

Cons:

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

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

Another choice that the business might consider, is to broaden towards the global markets without closing its domestic stores that adds to the huge part of profits of the business. The benefits and drawbacks associated with Alternative 3 are given below;

Pros:

• Reducing competitors danger
• Access to the world markets
• Increasing the size of consumer base
• Big Revenues
• Exploration of brand-new international markets.
• Boost in revenue from global markets.
• Revenue diversity.
• Step towards being a strong international brand name.

Cons:

• Extension of problems associated with diversity.
• Differences in cultures could caused a failure of the brand name specifically in Asian nations.
• Low profits at preliminary levels.
• Increase in marketing expenditures to gain market share.



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