Recommendations of The Panic Of 2008 And Brexit: Regional Integration Versus Nationalism Case Solution

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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 company along with the evaluation of different options, the company is advised to consider alternative 3. As alternative 3 would enable the company to broaden in international markets without any reduction in its local incomes and any wear and tear of its market position. By considering Alternative 3, the business might keep its shop experience and brand uniqueness. It could likewise consider alternative 2 that could enable the business to access the markets without any possible financial investment. Although, the company could pursue alternative 1 which would make it possible for the business to concentrate on prospective worldwide markets instead of the local markets however as the business is highly based 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 business's revenue. For that reason, the company is suggested 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 created quickly in the brand-new markets. The option would help the business to expand in international markets along with the elimination of problems raised in its local markets related to its diversity.

Pros:

• Exploration of brand-new worldwide markets.
• Boost in earnings from global markets.
• Removal of problems related to diversity.
• Revenue diversity.
• Action towards being a strong global brand.

Cons:

• Loss of comprehensive earnings from the local markets.
• Boost in competitors.
• Differences in cultures could resulted in a failure of the brand name particularly in Asian countries.
• Low profits at initial levels.
• Increase in marketing expenses to get market share.

Alternative-2: Introduction of Click and Recommendations of The Panic Of 2008 And Brexit: Regional Integration Versus Nationalism Case Help Stores

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. might pose an extreme risk to the market share of business. In this scenario the business 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 enable the company to reach worldwide markets, without ending its domestic stores.

Pros:

• Low investment
• Reducing competitors hazard
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Large Incomes
• Low Operating Expense
• Easy new market entrance

Cons:

• Danger to the marketplace position
• Elimination of brand name Uniqueness
• Removal of the terrific store experience.
• Danger of decrease in elite sales.

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

Another option that the business could consider, is to broaden towards the international markets without closing its domestic shops that contributes to the huge part of earnings of the business. The pros and cons related to Alternative 3 are given below;

Pros:

• Minimizing competitors hazard
• Access to the world markets
• Expanding customer base
• Large Earnings
• Exploration of brand-new international markets.
• Boost in revenue from global markets.
• Revenue diversity.
• Action towards being a strong international brand.

Cons:

• Continuation of concerns related to diversity.
• Distinctions in cultures could resulted in a failure of the brand name particularly in Asian nations.
• Low incomes at preliminary levels.
• Boost in marketing expenses to gain market share.



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