Recommendations of Corporate Philanthropy Best Practices At Novartis Ag Case Help

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Recommendations of Corporate Philanthropy Best Practices At Novartis Ag Case Study Analysis

On the basis of above internal and external analysis of the company together with the evaluation of different alternatives, the company is recommended to think about alternative 3. As alternative 3 would enable the business to broaden in global markets without any decrease in its regional incomes and any degeneration of its market position. By thinking about Alternative 3, the company might maintain its store experience and brand uniqueness. However, it could likewise consider alternative 2 that might enable the company to access the marketplaces with no possible investment. Although, the business might pursue alternative 1 which would allow the company to focus on possible international markets rather than the local markets however as the company is extremely depending on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the significant decrease in business's profits. The company is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Corporate Philanthropy Best Practices At Novartis Ag Case Solution Stores

Expansion towards global markets through opening new shops in other Europe and Asian nations with closing domestic shops is although an excellent choice for increasing the global existence of the company. Nevertheless, the closing of domestic shops could extremely impact the earnings of the firm as above 90% of its stores lie domestically and closing those stores would eventually minimize the earnings of the company. The company has a long term market position in US which can not be generated soon in the new markets. The choice would help the business to broaden in global markets in addition to the elimination of concerns raised in its regional markets connected to its variety. The pros and Cons for Option 1 are noted below;

Pros:

• Exploration of new global markets.
• Boost in income from international markets.
• Removal of concerns related to diversity.
• Revenue diversification.
• Step towards being a strong worldwide brand name.

Cons:

• Loss of substantial revenues from the regional markets.
• Boost in competition.
• Differences in cultures could led to a failure of the brand name specifically in Asian nations.
• Low revenues at preliminary levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Corporate Philanthropy Best Practices At Novartis Ag Case Solution Stores

Alternative 2 consists of the introduction of online market places through creating a proper business's website. With the increased trends towards online shopping, the online stores like Amazon, Alibaba and so on might position a serious threat to the marketplace share of company. The competitors are moving towards click and Recommendations of Corporate Philanthropy Best Practices At Novartis Ag Case Help stores with Space introducing Piperline. This shift towards online markets might decrease the earnings for company. In this circumstance the company could consider introducing Click and Recommendations of Corporate Philanthropy Best Practices At Novartis Ag Case Solution stores. 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. The pros and cons of alternative 2 are provided as follows;

Pros:

• Low investment
• Decreasing competition risk
• Access to the world markets
• Increasing the size of consumer base
• Easy to manage
• Large Incomes
• Low Operating Expense
• Easy new market entryway

Cons:

• Danger to the marketplace position
• Removal of brand Individuality
• Elimination of the fantastic store experience.
• Threat of decline in elite sales.

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

Another alternative that the company could consider, is to expand towards the international markets without closing its domestic stores that contributes to the major part of incomes of the company. The pros and cons associated with Alternative 3 are given below;

Pros:

• Reducing competitors hazard
• Access to the world markets
• Increasing the size of customer base
• Big Incomes
• Expedition of new international markets.
• Boost in profits from worldwide markets.
• Revenue diversity.
• Action towards being a strong worldwide brand name.

Cons:

• Extension of problems associated with variety.
• Distinctions in cultures could resulted in a failure of the brand especially in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenditures to acquire market share.



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