Recommendations of Corporate Social Responsibility At Hp Case Analysis

Home >> Ibs Center For Management Research >> Corporate Social Responsibility At Hp >> Recommendations

Recommendations of Corporate Social Responsibility At Hp Case Study Solution

On the basis of above internal and external analysis of the business along with the evaluation of various alternatives, the company is advised to think about alternative 3. As alternative 3 would permit the business to expand in global markets without any reduction in its local incomes and any wear and tear of its market position. By considering Alternative 3, the company could keep its store experience and brand name originality. It could likewise think about alternative 2 that could enable the business to access the markets without any potential investment. Although, the business could pursue alternative 1 which would make it possible for the business to focus on possible global markets instead of the regional markets but as the company is extremely based on the regional markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the considerable decrease in business's earnings. For that reason, the company is advised to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Corporate Social Responsibility At Hp Case Help Stores

Growth towards global markets through opening new stores in other Europe and Asian countries with closing domestic stores is although a great alternative for increasing the international presence of the company. However, the closing of domestic shops could highly affect the incomes of the company as above 90% of its stores are located domestically and closing those stores would ultimately decrease the revenues of the company. The business has a long term market position in United States which can not be created quickly in the new markets. The choice would assist the business to expand in global markets along with the elimination of problems raised in its local markets associated with its diversity. The pros and Cons for Alternative 1 are noted below;

Pros:

• Exploration of brand-new global markets.
• Increase in income from international markets.
• Removal of issues related to variety.
• Revenue diversity.
• Step towards being a strong international brand name.

Cons:

• Loss of extensive incomes from the regional markets.
• Increase in competitors.
• Differences in cultures might led to a failure of the brand 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 Social Responsibility At Hp Case Help Stores

Alternative 2 consists of the introduction of online market places through creating a correct company's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. could pose an extreme danger to the market share of company. Moreover, the rivals are moving towards click and Recommendations of Corporate Social Responsibility At Hp Case Solution stores with Gap presenting Piperline. This shift towards online markets could decrease the profits for business. In this situation the company could consider introducing Click and Recommendations of Corporate Social Responsibility At Hp 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 benefits and drawbacks of option 2 are provided as follows;

Pros:

• Low investment
• Reducing competition hazard
• Access to the world markets
• Increasing the size of consumer base
• Easy to handle
• Big Profits
• Low Operating Expense
• Easy brand-new market entrance

Cons:

• Danger to the marketplace position
• Removal of brand Originality
• Elimination of the terrific store experience.
• Danger of decline in elite sales.

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

Another choice that the company could think about, is to expand towards the global markets without closing its domestic stores that contributes to the huge part of revenues of the business. The advantages and disadvantages connected to Alternative 3 are offered listed below;

Pros:

• Minimizing competitors threat
• Access to the world markets
• Increasing the size of customer base
• Big Incomes
• Expedition of brand-new international markets.
• Increase in revenue from global markets.
• Income diversification.
• Action towards being a strong worldwide brand.

Cons:

• Continuation of problems associated with diversity.
• Distinctions in cultures could resulted in a failure of the brand specifically in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenses to gain market share.



This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.