Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (C) Case Solution
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Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (C) Case Study Help
On the basis of above internal and external analysis of the business along with the evaluation of numerous alternatives, the company is advised to think about alternative 3. As alternative 3 would allow the company to expand in international markets without any reduction in its regional earnings and any wear and tear of its market position. The company 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 reliant on the regional markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the substantial decrease in business's revenue.
Aletrnative-1: Expanding International Brick and Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (C) Case Help Stores
Growth towards worldwide markets through opening new stores in other Europe and Asian nations with closing domestic stores is although an excellent alternative for increasing the global existence of the company. Nevertheless, the closing of domestic shops could highly affect the revenues of the company as above 90% of its shops are located domestically and closing those shops would ultimately decrease the revenues of the company. The company has a long term market position in United States which can not be produced quickly in the new markets. The alternative would help the company to expand in worldwide markets in addition to the elimination of problems raised in its local markets connected to its diversity. The benefits and drawbacks for Alternative 1 are listed below;
Pros:
• Exploration of new global markets.
• Increase in profits from international markets.
• Elimination of problems associated with diversity.
• Revenue diversification.
• Action towards being a strong international brand name.
Cons:
• Loss of comprehensive profits from the regional markets.
• Increase in competition.
• Distinctions in cultures could caused a failure of the brand specifically in Asian countries.
• Low profits at initial levels.
• Boost in marketing expenses to gain market share.
Alternative-2: Introduction of Click and Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (C) Case Analysis Stores
Alternative 2 includes the introduction of online market places through producing a correct company's site. With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might posture an extreme threat to the market share of company. Moreover, the competitors are moving towards click and Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (C) Case Help stores with Space presenting Piperline. This shift towards online markets could reduce the revenues for company. In this scenario the business might consider presenting Click and Recommendations of The Chad-Cameroon Petroleum Development And Pipeline Project (C) Case Solution shops. These stores with a low requirement of funds to settle would allow the business to reach international markets, without ending its domestic stores. The benefits and drawbacks of alternative 2 are given as follows;
Pros:
• Low financial investment
• Minimizing competitors hazard
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Big Revenues
• Low Operating Costs
• Easy new market entryway
Cons:
• Risk to the market position
• Removal of brand name Originality
• Elimination of the great shop experience.
• Risk of decrease in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the business might consider, is to broaden towards the worldwide markets without closing its domestic stores that contributes to the huge part of profits of the business. The pros and cons associated with Alternative 3 are provided below;
Pros:
• Reducing competitors hazard
• Access to the world markets
• Expanding customer base
• Large Incomes
• Expedition of brand-new worldwide markets.
• Boost in profits from worldwide markets.
• Income diversification.
• Step towards being a strong global brand.
Cons:
• Extension of concerns connected to variety.
• Distinctions in cultures could resulted in a failure of the brand specifically in Asian countries.
• Low revenues at initial levels.
• Increase in marketing expenses to acquire market share.
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