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Recommendations of N12 Technologies: Building An Organization And Building A Business Case Study Solution
On the basis of above internal and external analysis of the business in addition to the assessment of different options, the company is suggested to consider alternative 3. As alternative 3 would permit the company to expand in worldwide markets without any reduction in its regional revenues and any deterioration of its market position. By thinking about Alternative 3, the company might maintain its store experience and brand name uniqueness. Nevertheless, it might likewise consider alternative 2 that might enable the business to access the markets with no prospective financial investment. The company could pursue alternative 1 which would make it possible for the company to focus on potential global markets rather than the regional markets but as the company is highly reliant on the regional markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the substantial decline in business's profits. Therefore, the company is recommended to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of N12 Technologies: Building An Organization And Building A Business Case Analysis Stores
The business has a long term market position in United States which can not be produced soon in the new markets. The choice would help the company to broaden in worldwide markets along with the elimination of concerns raised in its local markets related to its diversity.
Pros:
• Expedition of new global markets.
• Increase in profits from global markets.
• Removal of issues related to diversity.
• Earnings diversity.
• Action towards being a strong global brand name.
Cons:
• Loss of substantial revenues from the regional markets.
• Boost in competition.
• Distinctions in cultures could resulted in a failure of the brand specifically in Asian nations.
• Low revenues at preliminary levels.
• Increase in marketing expenditures to gain market share.
Alternative-2: Introduction of Click and Recommendations of N12 Technologies: Building An Organization And Building A Business Case Solution Stores
With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. could present a serious threat to the market share of company. In this circumstance the company might consider introducing Click and Recommendations of N12 Technologies: Building An Organization And Building A Business Case Solution stores. These shops with a low requirement of funds to settle would allow the business to reach international markets, without ending its domestic stores.
Pros:
• Low investment
• Decreasing competition risk
• Access to the world markets
• Expanding customer base
• Easy to handle
• Big Earnings
• Low Operating Costs
• Easy brand-new market entryway
Cons:
• Threat to the marketplace position
• Elimination of brand name Individuality
• Elimination of the fantastic shop experience.
• Threat of decrease in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the business might consider, is to expand towards the global markets without closing its domestic shops that contributes to the huge part of earnings of the company. The advantages and disadvantages associated with Alternative 3 are offered listed below;
Pros:
• Decreasing competition risk
• Access to the world markets
• Enlarging consumer base
• Big Incomes
• Exploration of new global markets.
• Increase in profits from worldwide markets.
• Earnings diversity.
• Action towards being a strong worldwide brand.
Cons:
• Extension of problems associated with variety.
• Differences in cultures might caused a failure of the brand name specifically in Asian countries.
• Low incomes at initial levels.
• Increase in marketing expenditures to get market share.
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