Recommendations of The Panic Of 1907 And The High Tide Of Progressivism (A) And (B) Case Analysis

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Recommendations of The Panic Of 1907 And The High Tide Of Progressivism (A) And (B) Case Study Analysis

On the basis of above internal and external analysis of the company in addition to the evaluation of different alternatives, the business is recommended to consider alternative 3. As alternative 3 would enable the business to expand in global markets with no reduction in its local revenues and any degeneration of its market position. By considering Alternative 3, the business could preserve its shop experience and brand uniqueness. Nevertheless, it could also think about alternative 2 that could permit the business to access the markets with no possible investment. The business might pursue alternative 1 which would enable the company to focus on potential worldwide markets rather than the local markets but as the business is extremely dependent on the local markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the substantial decline in company's earnings. For that reason, the business is suggested to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of The Panic Of 1907 And The High Tide Of Progressivism (A) And (B) Case Analysis Stores

The business has a long term market position in US which can not be produced soon in the brand-new markets. The choice would help the business to broaden in global markets along with the removal of problems raised in its local markets related to its variety.

Pros:

• Expedition of brand-new worldwide markets.
• Boost in earnings from international markets.
• Removal of problems related to diversity.
• Earnings diversification.
• Action towards being a strong global brand.

Cons:

• Loss of comprehensive revenues from the regional markets.
• Increase in competitors.
• Differences in cultures could resulted in a failure of the brand name particularly in Asian countries.
• Low revenues at initial levels.
• Increase in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of The Panic Of 1907 And The High Tide Of Progressivism (A) And (B) Case Help Stores

With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on could pose an extreme hazard to the market share of company. In this circumstance the company could think about presenting Click and Recommendations of The Panic Of 1907 And The High Tide Of Progressivism (A) And (B) Case Help shops. These stores with a low requirement of funds to settle would allow the business to reach global markets, without ending its domestic shops.

Pros:

• Low investment
• Minimizing competition threat
• Access to the world markets
• Increasing the size of consumer base
• Easy to manage
• Large Revenues
• Low Operating Expense
• Easy new market entrance

Cons:

• Risk to the marketplace position
• Removal of brand name Individuality
• Elimination of the excellent shop experience.
• Risk of decline in elite sales.

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

Another option that the company might think about, is to broaden towards the global markets without closing its domestic stores that contributes to the major part of profits of the business. The benefits and drawbacks related to Alternative 3 are provided listed below;

Pros:

• Reducing competitors hazard
• Access to the world markets
• Expanding consumer base
• Big Profits
• Expedition of brand-new international markets.
• Increase in revenue from worldwide markets.
• Income diversification.
• Step towards being a strong global brand.

Cons:

• Extension of concerns connected to variety.
• Distinctions in cultures could led to a failure of the brand particularly in Asian nations.
• Low incomes at preliminary levels.
• Boost in marketing expenses to acquire market share.



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