Recommendations of Key Elements For Excellence In Classroom Cases And Teaching Notes Case Analysis
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On the basis of above internal and external analysis of the company along with the evaluation of various alternatives, the company is advised to consider alternative 3. As alternative 3 would allow the company to broaden in international markets without any decrease in its local earnings and any degeneration of its market position. The company might pursue alternative 1 which would make it possible for the company to focus on possible worldwide markets rather than the regional markets however as the company is highly dependent on the regional markets with 90% of its stores in the US, there fore pursuing option 1 would result in the considerable decrease in company's income.
Aletrnative-1: Expanding International Brick and Recommendations of Key Elements For Excellence In Classroom Cases And Teaching Notes Case Help Stores
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 business to broaden in international markets along with the elimination of problems raised in its regional markets related to its variety.
Pros:
• Expedition of brand-new international markets.
• Increase in revenue from worldwide markets.
• Elimination of issues related to diversity.
• Earnings diversity.
• Action towards being a strong global brand name.
Cons:
• Loss of extensive earnings from the local markets.
• Increase in competitors.
• Differences in cultures might led to a failure of the brand name especially in Asian countries.
• Low profits at preliminary levels.
• Boost in marketing expenses to get market share.
Alternative-2: Introduction of Click and Recommendations of Key Elements For Excellence In Classroom Cases And Teaching Notes Case Help Stores
With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might present a serious danger to the market share of business. In this scenario the company might consider introducing Click and Recommendations of Key Elements For Excellence In Classroom Cases And Teaching Notes Case Analysis shops. These stores with a low requirement of funds to settle would make it possible for the business to reach global markets, without ending its domestic stores.
Pros:
• Low investment
• Reducing competition danger
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Large Profits
• Low Operating Expense
• Easy brand-new market entrance
Cons:
• Threat to the market position
• Elimination of brand Individuality
• Elimination of the great store experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the business might think about, is to expand towards the worldwide markets without closing its domestic shops that adds to the major part of incomes of the company. The pros and cons related to Alternative 3 are given listed below;
Pros:
• Decreasing competition hazard
• Access to the world markets
• Increasing the size of customer base
• Big Incomes
• Exploration of brand-new global markets.
• Increase in income from global markets.
• Revenue diversification.
• Action towards being a strong global brand.
Cons:
• Continuation of concerns related to diversity.
• Differences in cultures could led to a failure of the brand particularly in Asian countries.
• Low profits at preliminary levels.
• Boost in marketing expenses to gain market share.
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