Recommendations of The Panic Of 2008 And Brexit Regional Integration Versus Nationalism Case Help
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Recommendations of The Panic Of 2008 And Brexit Regional Integration Versus Nationalism Case Study Solution
On the basis of above internal and external analysis of the business along with the examination of different options, the company is advised to think about alternative 3. As alternative 3 would enable the company to broaden in global markets with no reduction in its regional incomes and any degeneration of its market position. By considering Alternative 3, the company might keep its store experience and brand name individuality. However, it could also consider alternative 2 that could permit the company to access the markets without any prospective financial investment. The company could pursue alternative 1 which would make it possible for the business to focus on potential global markets rather than the local markets but as the company is extremely dependent on the local markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the substantial decline in company's revenue. Therefore, the business is recommended to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of The Panic Of 2008 And Brexit Regional Integration Versus Nationalism Case Help Stores
The business has a long term market position in United States which can not be generated soon in the new markets. The choice would help the business to broaden in international markets along with the removal of concerns raised in its local markets related to its diversity.
Pros:
• Expedition of brand-new worldwide markets.
• Increase in earnings from worldwide markets.
• Elimination of concerns related to diversity.
• Profits diversification.
• Action towards being a strong international brand name.
Cons:
• Loss of comprehensive earnings from the regional markets.
• Boost in competition.
• Differences in cultures could resulted in a failure of the brand specifically in Asian countries.
• Low profits at preliminary levels.
• Boost in marketing expenditures to get market share.
Alternative-2: Introduction of Click and Recommendations of The Panic Of 2008 And Brexit Regional Integration Versus Nationalism Case Solution Stores
With the increased patterns 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 situation the company could think about introducing Click and Recommendations of The Panic Of 2008 And Brexit Regional Integration Versus Nationalism Case Help 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 investment
• Minimizing competitors hazard
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Big Incomes
• Low Operating Expense
• Easy new market entryway
Cons:
• Danger to the marketplace position
• Elimination of brand name Uniqueness
• Elimination of the great shop experience.
• Danger of decrease in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another alternative that the company could consider, is to expand towards the international markets without closing its domestic stores that contributes to the huge part of profits of the company. The pros and cons related to Alternative 3 are provided listed below;
Pros:
• Minimizing competitors danger
• Access to the world markets
• Increasing the size of customer base
• Large Incomes
• Exploration of brand-new international markets.
• Boost in income from international markets.
• Profits diversity.
• Step towards being a strong worldwide brand name.
Cons:
• Extension of issues related to variety.
• Differences in cultures could led to a failure of the brand particularly in Asian nations.
• Low incomes at preliminary levels.
• Increase in marketing expenses to acquire market share.
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