Recommendations of Cemexs Social Responsibility Initiatives Case Analysis
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Recommendations of Cemexs Social Responsibility Initiatives Case Study Help
On the basis of above internal and external analysis of the company along with the examination of different alternatives, the business is advised to consider alternative 3. As alternative 3 would permit the company to broaden in global markets without any reduction in its local revenues and any deterioration 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 business is extremely 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 business's earnings.
Aletrnative-1: Expanding International Brick and Recommendations of Cemexs Social Responsibility Initiatives Case Solution Stores
The business has a long term market position in United States which can not be produced quickly in the brand-new markets. The choice would assist the business to broaden in global markets along with the elimination of issues raised in its regional markets related to its variety.
Pros:
• Exploration of brand-new worldwide markets.
• Boost in income from international markets.
• Elimination of concerns connected to diversity.
• Profits diversification.
• Step towards being a strong global brand.
Cons:
• Loss of substantial earnings from the local markets.
• Increase in competition.
• Distinctions in cultures could resulted in a failure of the brand especially in Asian nations.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to get market share.
Alternative-2: Introduction of Click and Recommendations of Cemexs Social Responsibility Initiatives Case Solution Stores
With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on could pose a severe threat to the market share of company. In this situation the company could think about introducing Click and Recommendations of Cemexs Social Responsibility Initiatives Case Help shops. These shops with a low requirement of funds to settle would make it possible for the company to reach global markets, without ending its domestic shops.
Pros:
• Low investment
• Minimizing competitors threat
• Access to the world markets
• Expanding customer base
• Easy to handle
• Large Earnings
• Low Operating Costs
• Easy new market entryway
Cons:
• Hazard to the market position
• Removal of brand Individuality
• Removal of the great store experience.
• Danger of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another alternative that the business might think about, is to expand towards the international markets without closing its domestic shops that adds to the huge part of earnings of the business. The benefits and drawbacks associated with Alternative 3 are provided below;
Pros:
• Reducing competitors hazard
• Access to the world markets
• Enlarging consumer base
• Big Incomes
• Exploration of new global markets.
• Boost in earnings from worldwide markets.
• Earnings diversity.
• Action towards being a strong global brand.
Cons:
• Continuation of issues connected to diversity.
• Differences in cultures might resulted in a failure of the brand name particularly in Asian nations.
• Low profits at preliminary levels.
• Increase in marketing expenditures to get market share.
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