Recommendations of The Panic Of 1857 Nationalism And Secession (B) Case Analysis

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

On the basis of above internal and external analysis of the company along with the examination of numerous alternatives, the business is advised to consider alternative 3. As alternative 3 would enable the business to broaden in worldwide markets with no decrease in its regional incomes and any wear and tear of its market position. By considering Alternative 3, the business might keep its shop experience and brand originality. Nevertheless, it might likewise consider alternative 2 that could enable the business to access the marketplaces without any potential investment. The company could pursue alternative 1 which would enable the company to focus on potential global markets rather than the regional markets but as the company is highly dependent on the regional markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the considerable decline in company'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 1857 Nationalism And Secession (B) 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 option would help the company to broaden in worldwide markets along with the removal of problems raised in its local markets related to its variety.

Pros:

• Expedition of new global markets.
• Boost in profits from worldwide markets.
• Elimination of concerns associated with variety.
• Income diversity.
• Step towards being a strong worldwide brand.

Cons:

• Loss of substantial profits from the regional markets.
• Boost in competitors.
• Distinctions in cultures might caused a failure of the brand especially in Asian nations.
• Low revenues at preliminary levels.
• Boost in marketing expenses to acquire market share.

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

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. could posture a severe hazard to the market share of business. In this circumstance the company might consider introducing Click and Recommendations of The Panic Of 1857 Nationalism And Secession (B) Case Analysis shops. These shops with a low requirement of funds to settle would enable the business to reach worldwide markets, without ending its domestic shops.

Pros:

• Low financial investment
• Reducing competitors danger
• Access to the world markets
• Increasing the size of consumer base
• Easy to manage
• Big Earnings
• Low Operating Costs
• Easy new market entrance

Cons:

• Threat to the market position
• Removal of brand name Originality
• Elimination of the fantastic shop experience.
• Danger of decline in elite sales.

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

Another option that the business could think about, is to broaden towards the worldwide markets without closing its domestic stores that adds to the huge part of incomes of the business. The benefits and drawbacks connected to Alternative 3 are offered below;

Pros:

• Lowering competition threat
• Access to the world markets
• Expanding customer base
• Large Revenues
• Exploration of new global markets.
• Increase in income from international markets.
• Revenue diversity.
• Action towards being a strong international brand.

Cons:

• Extension of problems associated with diversity.
• Differences in cultures could caused a failure of the brand name particularly in Asian countries.
• Low revenues at initial levels.
• Increase in marketing expenses to gain market share.



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