Recommendations of Mercy Corps: Global Social Entrepreneurship (A) Case Solution
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Recommendations of Mercy Corps: Global Social Entrepreneurship (A) Case Study Help
On the basis of above internal and external analysis of the company along with the assessment of different alternatives, the business is recommended to consider alternative 3. As alternative 3 would allow the business to expand in global markets without any reduction in its regional profits and any wear and tear of its market position. The company could pursue alternative 1 which would allow the business to focus on potential worldwide markets rather than the regional markets but as the business is highly dependent on the local markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the significant decline in company's earnings.
Aletrnative-1: Expanding International Brick and Recommendations of Mercy Corps: Global Social Entrepreneurship (A) Case Help Stores
The business has a long term market position in United States which can not be generated quickly in the new markets. The option would assist the business to broaden in global markets along with the elimination of issues raised in its regional markets related to its diversity.
Pros:
• Exploration of brand-new global markets.
• Boost in profits from international markets.
• Removal of problems connected to diversity.
• Earnings diversity.
• Step towards being a strong global brand.
Cons:
• Loss of comprehensive earnings from the regional markets.
• Boost in competition.
• Distinctions in cultures might caused a failure of the brand name especially in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenses to gain market share.
Alternative-2: Introduction of Click and Recommendations of Mercy Corps: Global Social Entrepreneurship (A) Case Solution Stores
With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on might posture an extreme risk to the market share of company. In this scenario the company might consider presenting Click and Recommendations of Mercy Corps: Global Social Entrepreneurship (A) Case Analysis stores. These stores with a low requirement of funds to settle would make it possible for the business to reach worldwide markets, without ending its domestic shops.
Pros:
• Low financial investment
• Reducing competition risk
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Big Earnings
• Low Operating Expense
• Easy brand-new market entrance
Cons:
• Risk to the marketplace position
• Elimination of brand name Originality
• Removal of the excellent shop experience.
• Danger of decrease in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another choice that the business could consider, is to expand towards the worldwide markets without closing its domestic stores that adds to the huge part of profits of the business. The benefits and drawbacks connected to Alternative 3 are given below;
Pros:
• Reducing competitors danger
• Access to the world markets
• Expanding consumer base
• Big Revenues
• Exploration of new worldwide markets.
• Increase in profits from worldwide markets.
• Profits diversification.
• Action towards being a strong international brand.
Cons:
• Extension of concerns related to variety.
• Distinctions in cultures might resulted in a failure of the brand name particularly in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenditures to acquire market share.
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