Recommendations of Canons Kyosei Philosophy And Social Responsibility Initiatives Case Help

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Recommendations of Canons Kyosei Philosophy And Social Responsibility Initiatives 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 suggested to think about alternative 3. As alternative 3 would enable the business to expand in worldwide markets without any decrease in its regional incomes and any degeneration of its market position. The business might pursue alternative 1 which would make it possible for the business to focus on possible global markets rather than the regional markets but as the business is highly dependent on the regional markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the considerable decline in business's earnings.

Aletrnative-1: Expanding International Brick and Recommendations of Canons Kyosei Philosophy And Social Responsibility Initiatives Case Help Stores

The business has a long term market position in US which can not be produced quickly in the new markets. The choice would assist the company to expand in global markets along with the removal of problems raised in its regional markets related to its variety.

Pros:

• Exploration of brand-new worldwide markets.
• Increase in profits from global markets.
• Elimination of issues connected to variety.
• Earnings diversity.
• Action towards being a strong worldwide brand.

Cons:

• Loss of extensive revenues from the local markets.
• Increase in competitors.
• Differences in cultures might led to a failure of the brand name particularly in Asian countries.
• Low profits at initial levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Canons Kyosei Philosophy And Social Responsibility Initiatives Case Help Stores

Alternative 2 consists of the introduction of online market locations through creating a proper business's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. could position a severe hazard to the marketplace share of company. The rivals are shifting towards click and Recommendations of Canons Kyosei Philosophy And Social Responsibility Initiatives Case Analysis shops with Gap presenting Piperline. This shift towards online markets could lower the revenues for company. In this scenario the company could think about presenting Click and Recommendations of Canons Kyosei Philosophy And Social Responsibility Initiatives Case Analysis stores. These shops with a low requirement of funds to settle would enable the business to reach international markets, without ending its domestic shops. The pros and cons of alternative 2 are provided as follows;

Pros:

• Low investment
• Reducing competitors danger
• Access to the world markets
• Expanding customer base
• Easy to manage
• Big Incomes
• Low Operating Costs
• Easy new market entrance

Cons:

• Threat to the market position
• Removal of brand Uniqueness
• Removal of the great shop experience.
• Danger of decrease in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another alternative that the business could think about, is to broaden towards the global markets without closing its domestic stores that contributes to the major part of revenues of the company. The advantages and disadvantages associated with Alternative 3 are given listed below;

Pros:

• Lowering competitors risk
• Access to the world markets
• Increasing the size of customer base
• Big Earnings
• Expedition of brand-new global markets.
• Increase in income from global markets.
• Profits diversification.
• Action towards being a strong global brand name.

Cons:

• Continuation of problems connected to diversity.
• Distinctions in cultures could resulted in a failure of the brand name particularly in Asian countries.
• Low incomes at preliminary levels.
• Increase in marketing expenses to gain market share.



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