Recommendations of Westmoreland Energy Inc Power Project At Zhangze China Case Analysis

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Recommendations of Westmoreland Energy Inc Power Project At Zhangze China Case Study Analysis

On the basis of above internal and external analysis of the business along with the assessment of numerous alternatives, the business is suggested to think about alternative 3. As alternative 3 would permit the business to broaden in worldwide markets without any decrease in its local profits and any wear and tear of its market position. The company might pursue alternative 1 which would make it possible for the company to focus on potential global markets rather than the local markets but as the company is highly reliant on the regional markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the substantial decrease in company's profits.

Aletrnative-1: Expanding International Brick and Recommendations of Westmoreland Energy Inc Power Project At Zhangze China Case Analysis Stores

The company has a long term market position in US which can not be produced quickly in the brand-new markets. The choice would help the company to broaden in worldwide markets along with the removal of concerns raised in its local markets related to its diversity.

Pros:

• Expedition of brand-new worldwide markets.
• Boost in revenue from worldwide markets.
• Elimination of concerns connected to diversity.
• Profits diversity.
• Action towards being a strong worldwide brand.

Cons:

• Loss of substantial profits from the local markets.
• Boost in competitors.
• Distinctions in cultures might led to a failure of the brand especially in Asian countries.
• Low profits at preliminary levels.
• Increase in marketing expenses to gain market share.

Alternative-2: Introduction of Click and Recommendations of Westmoreland Energy Inc Power Project At Zhangze China Case Analysis Stores

Alternative 2 consists of the introduction of online market locations through creating a proper company's website. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. could position a severe risk to the marketplace share of business. The rivals are shifting towards click and Recommendations of Westmoreland Energy Inc Power Project At Zhangze China Case Analysis shops with Space introducing Piperline. This shift towards online markets could minimize the profits for business. In this situation the company might think about presenting Click and Recommendations of Westmoreland Energy Inc Power Project At Zhangze China Case Help stores. These stores with a low requirement of funds to settle would allow the business to reach worldwide markets, without ending its domestic shops. The advantages and disadvantages of alternative 2 are provided as follows;

Pros:

• Low investment
• Minimizing competitors threat
• Access to the world markets
• Expanding customer base
• Easy to manage
• Large Incomes
• Low Operating Expense
• Easy new market entryway

Cons:

• Danger to the marketplace position
• Removal of brand name Individuality
• Removal 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 might think about, is to expand towards the international markets without closing its domestic shops that adds to the huge part of profits of the company. The pros and cons connected to Alternative 3 are given below;

Pros:

• Decreasing competition risk
• Access to the world markets
• Enlarging consumer base
• Big Revenues
• Expedition of new worldwide markets.
• Boost in revenue from international markets.
• Income diversity.
• Step towards being a strong international brand name.

Cons:

• Extension of issues related to diversity.
• Distinctions in cultures could led to a failure of the brand especially in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenditures to gain market share.



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