Recommendations of The South Sea Bubble And The Rise Of The Bank Of England (A) And (B) Case Help

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Recommendations of The South Sea Bubble And The Rise Of The Bank Of England (A) And (B) Case Study Solution

On the basis of above internal and external analysis of the business along with the evaluation of different options, the company is advised to consider alternative 3. As alternative 3 would permit the business to broaden in global markets without any reduction in its regional revenues and any degeneration of its market position. The business could pursue alternative 1 which would enable the company to focus on prospective international markets rather than the local markets however as the company is highly dependent on the regional markets with 90% of its shops in the United States, there fore pursuing option 1 would result in the considerable decline in business's income.

Aletrnative-1: Expanding International Brick and Recommendations of The South Sea Bubble And The Rise Of The Bank Of England (A) And (B) Case Help Stores

The business has a long term market position in US which can not be produced soon in the new markets. The option would assist the business to broaden in international markets along with the removal of issues raised in its local markets related to its variety.

Pros:

• Exploration of new international markets.
• Boost in income from international markets.
• Removal of issues connected to variety.
• Profits diversification.
• Step towards being a strong global brand name.

Cons:

• Loss of substantial earnings from the local markets.
• Boost in competitors.
• Differences in cultures might led to a failure of the brand especially in Asian countries.
• Low earnings at initial levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of The South Sea Bubble And The Rise Of The Bank Of England (A) And (B) Case Solution Stores

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on could pose a severe danger to the market share of business. In this situation the business might consider presenting Click and Recommendations of The South Sea Bubble And The Rise Of The Bank Of England (A) And (B) Case Analysis stores. These shops with a low requirement of funds to settle would enable the business to reach worldwide markets, without ending its domestic shops.

Pros:

• Low financial investment
• Reducing competitors hazard
• Access to the world markets
• Expanding customer base
• Easy to manage
• Large Incomes
• Low Operating Costs
• Easy new market entryway

Cons:

• Hazard to the market position
• Removal of brand Originality
• Removal of the terrific store experience.
• Risk of decrease in elite sales.

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

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

Pros:

• Decreasing competition risk
• Access to the world markets
• Increasing the size of customer base
• Big Incomes
• Expedition of new global markets.
• Boost in revenue from global markets.
• Profits diversification.
• Action towards being a strong global brand.

Cons:

• Continuation of concerns associated with variety.
• Distinctions in cultures could resulted in a failure of the brand especially in Asian countries.
• Low incomes at initial levels.
• Boost in marketing expenditures to acquire market share.



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