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

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

On the basis of above internal and external analysis of the company along with the evaluation of different alternatives, the business is advised to think about alternative 3. As alternative 3 would permit the business to expand in global markets without any decrease in its local revenues and any degeneration of its market position. The company could pursue alternative 1 which would make it possible for the company to focus on potential international markets rather than the local markets but as the business is highly dependent on the local markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the substantial decrease in company's revenue.

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

The company has a long term market position in United States which can not be produced soon in the new markets. The option would assist the company to expand in global markets along with the elimination of problems raised in its regional markets related to its diversity.

Pros:

• Expedition of brand-new worldwide markets.
• Increase in earnings from international markets.
• Removal of problems associated with diversity.
• Revenue diversification.
• Step towards being a strong worldwide brand.

Cons:

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

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

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on could present a severe danger to the market share of company. In this scenario the company might consider presenting Click and Recommendations of The Panic Of 1907 And The High Tide Of Progressivism (B) Case Analysis shops. These shops with a low requirement of funds to settle would make it possible for the business to reach worldwide markets, without ending its domestic stores.

Pros:

• Low financial investment
• Decreasing competitors threat
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Large Earnings
• Low Operating Costs
• Easy new market entryway

Cons:

• Danger to the market position
• Elimination of brand name Individuality
• Elimination of the terrific 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 expand towards the global markets without closing its domestic stores that adds to the huge part of revenues of the business. The benefits and drawbacks connected to Alternative 3 are offered below;

Pros:

• Reducing competition risk
• Access to the world markets
• Increasing the size of consumer base
• Big Revenues
• Expedition of new worldwide markets.
• Boost in revenue from global markets.
• Revenue diversification.
• Step towards being a strong worldwide brand.

Cons:

• Extension of concerns associated with diversity.
• Differences in cultures could caused a failure of the brand particularly in Asian nations.
• Low incomes at initial levels.
• Boost in marketing expenses to gain market share.



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