Recommendations of The Panic Of 1861 And The Advent Of Greenbacks And National Banking (A) And (B) Case Solution

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Recommendations of The Panic Of 1861 And The Advent Of Greenbacks And National Banking (A) And (B) Case Study Analysis

On the basis of above internal and external analysis of the company together with the examination of numerous alternatives, the company is suggested to consider alternative 3. As alternative 3 would enable the business to expand in global markets with no decrease in its regional revenues and any wear and tear of its market position. By thinking about Alternative 3, the company could maintain its shop experience and brand originality. It might also consider alternative 2 that could permit the business to access the markets without any potential financial investment. The business might pursue alternative 1 which would enable the company to focus on possible worldwide markets rather than the regional markets however 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 business's profits. For that reason, the company is suggested to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of The Panic Of 1861 And The Advent Of Greenbacks And National Banking (A) And (B) Case Solution Stores

The business has a long term market position in United States which can not be generated soon in the brand-new markets. The option would help the business to broaden in international markets along with the removal of concerns raised in its regional markets related to its variety.

Pros:

• Expedition of new international markets.
• Increase in income from international markets.
• Elimination of problems related to diversity.
• Revenue diversity.
• Action towards being a strong worldwide brand name.

Cons:

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

Alternative-2: Introduction of Click and Recommendations of The Panic Of 1861 And The Advent Of Greenbacks And National Banking (A) And (B) Case Help Stores

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on might position a severe risk to the market share of company. In this circumstance the company could consider introducing Click and Recommendations of The Panic Of 1861 And The Advent Of Greenbacks And National Banking (A) And (B) Case Solution stores. These stores with a low requirement of funds to settle would allow the business to reach international markets, without ending its domestic shops.

Pros:

• Low financial investment
• Reducing competitors threat
• Access to the world markets
• Increasing the size of customer base
• Easy to handle
• Large Revenues
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Risk to the marketplace position
• Elimination 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 alternative that the business could think about, is to expand towards the worldwide markets without closing its domestic shops that contributes to the huge part of revenues of the business. The benefits and drawbacks associated with Alternative 3 are given listed below;

Pros:

• Minimizing competition threat
• Access to the world markets
• Enlarging customer base
• Big Profits
• Exploration of new international markets.
• Increase in profits from worldwide markets.
• Profits diversification.
• Step towards being a strong international brand name.

Cons:

• Continuation of issues connected to variety.
• Distinctions in cultures might led to a failure of the brand especially in Asian countries.
• Low incomes at preliminary levels.
• Increase in marketing expenditures to acquire market share.



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