Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (A) And (B) Case Solution
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Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (A) And (B) Case Study Solution
On the basis of above internal and external analysis of the company along with the examination of numerous alternatives, the business is suggested to consider alternative 3. As alternative 3 would enable the company to broaden in worldwide markets without any reduction in its local incomes and any degeneration of its market position. The company might pursue alternative 1 which would make it possible for the business to focus on prospective global markets rather than the regional markets however as the business is highly reliant on the local markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the considerable decrease in business's profits.
Aletrnative-1: Expanding International Brick and Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (A) And (B) Case Help Stores
Expansion towards global markets through opening new shops in other Europe and Asian countries with closing domestic stores is although a great option for increasing the global existence of the business. The closing of domestic stores could highly affect the earnings of the company as above 90% of its stores are located locally and closing those shops would eventually reduce the profits of the firm. The business has a long term market position in United States which can not be produced quickly in the new markets. The alternative would assist the company to expand in global markets together with the removal of problems raised in its regional markets associated with its variety. The advantages and disadvantages for Option 1 are listed below;
Pros:
• Exploration of brand-new international markets.
• Boost in income from global markets.
• Elimination of concerns associated with variety.
• Earnings diversification.
• Action towards being a strong global brand.
Cons:
• Loss of comprehensive profits from the local markets.
• Boost in competition.
• Distinctions in cultures might led to a failure of the brand especially in Asian countries.
• Low revenues at initial levels.
• Increase in marketing expenses to gain market share.
Alternative-2: Introduction of Click and Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (A) And (B) Case Solution Stores
Alternative 2 consists of the introduction of online market places through generating a proper company's website. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on might position a severe danger to the marketplace share of company. The competitors are moving towards click and Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (A) And (B) Case Help stores with Space presenting Piperline. This shift towards online markets could reduce the earnings for company. In this circumstance the company might consider introducing Click and Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (A) And (B) Case Solution shops. These stores with a low requirement of funds to settle would make it possible for the business to reach international markets, without ending its domestic stores. The pros and cons of alternative 2 are offered as follows;
Pros:
• Low investment
• Reducing competition danger
• Access to the world markets
• Expanding consumer base
• Easy to manage
• Large Profits
• Low Operating Costs
• Easy new market entrance
Cons:
• Risk to the market position
• Removal of brand Originality
• Removal of the great shop experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another choice that the business could think about, is to expand towards the worldwide markets without closing its domestic stores that adds to the huge part of incomes of the business. The benefits and drawbacks associated with Alternative 3 are offered listed below;
Pros:
• Lowering competitors threat
• Access to the world markets
• Enlarging customer base
• Big Incomes
• Expedition of brand-new global markets.
• Boost in earnings from international markets.
• Earnings diversification.
• Action towards being a strong global brand.
Cons:
• Extension of concerns connected to diversity.
• Differences in cultures could resulted in a failure of the brand name specifically in Asian countries.
• Low earnings at preliminary levels.
• Increase in marketing expenses to get market share.
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