Recommendations of Chad-Cameroon Petroleum Development And Pipeline Project (A) Case Analysis
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Recommendations of Chad-Cameroon Petroleum Development And Pipeline Project (A) Case Study Analysis
On the basis of above internal and external analysis of the business along with the assessment of various options, the company is advised to consider alternative 3. As alternative 3 would permit the business to broaden in worldwide markets without any decrease in its regional earnings and any deterioration of its market position. By thinking about Alternative 3, the company might preserve its store experience and brand name uniqueness. It could also consider alternative 2 that could permit the business to access the markets without any potential financial investment. Although, the business might pursue alternative 1 which would allow the business to concentrate on prospective global markets rather than the local markets but as the business is highly dependent on the regional markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the substantial decline in business's profits. The business is suggested to think about alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Chad-Cameroon Petroleum Development And Pipeline Project (A) Case Analysis Stores
The company has a long term market position in US which can not be produced soon in the new markets. The alternative would help the business to broaden in global markets along with the removal of concerns raised in its regional markets related to its variety.
Pros:
• Expedition of new global markets.
• Boost in earnings from international markets.
• Elimination of problems connected to variety.
• Earnings diversity.
• Action towards being a strong worldwide brand name.
Cons:
• Loss of extensive earnings from the local markets.
• Increase in competition.
• Differences in cultures could resulted in a failure of the brand particularly in Asian nations.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to get market share.
Alternative-2: Introduction of Click and Recommendations of Chad-Cameroon Petroleum Development And Pipeline Project (A) Case Analysis Stores
Alternative 2 consists of the intro of online market locations through producing a correct company's site. With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. could posture a serious threat to the market share of business. Furthermore, the competitors are moving towards click and Recommendations of Chad-Cameroon Petroleum Development And Pipeline Project (A) Case Analysis stores with Gap introducing Piperline. This shift towards online markets could minimize the profits for company. In this circumstance the business might think about introducing Click and Recommendations of Chad-Cameroon Petroleum Development And Pipeline Project (A) Case Help stores. These stores with a low requirement of funds to settle would make it possible for the company to reach worldwide markets, without ending its domestic shops. The benefits and drawbacks of alternative 2 are given as follows;
Pros:
• Low financial investment
• Decreasing competition threat
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Large Profits
• Low Operating Expense
• Easy brand-new market entrance
Cons:
• Hazard to the marketplace position
• Elimination of brand name Individuality
• Removal of the excellent store experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another alternative that the business could think about, is to expand towards the worldwide markets without closing its domestic stores that contributes to the major part of revenues of the company. The advantages and disadvantages related to Alternative 3 are offered below;
Pros:
• Decreasing competition hazard
• Access to the world markets
• Expanding customer base
• Big Revenues
• Expedition of brand-new worldwide markets.
• Increase in profits from global markets.
• Earnings diversity.
• Step towards being a strong international brand.
Cons:
• Continuation of problems related to variety.
• Differences in cultures might led to a failure of the brand name particularly in Asian nations.
• Low profits at preliminary levels.
• Increase in marketing expenditures to get market share.
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