Recommendations of Corporate Social Responsibility Initiatives At Exxonmobil The Good The Bad And The Ugly Case Help
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Recommendations of Corporate Social Responsibility Initiatives At Exxonmobil The Good The Bad And The Ugly Case Study Help
On the basis of above internal and external analysis of the company along with the assessment of numerous alternatives, the business is suggested to consider alternative 3. As alternative 3 would permit the company to expand in international markets without any reduction in its regional profits and any deterioration of its market position. The company might pursue alternative 1 which would enable the business to focus on potential worldwide markets rather than the local markets but as the business is highly dependent on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the substantial decrease in company's earnings.
Aletrnative-1: Expanding International Brick and Recommendations of Corporate Social Responsibility Initiatives At Exxonmobil The Good The Bad And The Ugly Case Analysis Stores
The business has a long term market position in US which can not be created quickly in the new markets. The option would help the business to broaden in worldwide markets along with the removal of problems raised in its regional markets related to its variety.
Pros:
• Expedition of brand-new international markets.
• Boost in profits from international markets.
• Removal of issues associated with variety.
• Profits diversity.
• Action towards being a strong worldwide brand.
Cons:
• Loss of extensive profits from the regional markets.
• Boost in competitors.
• Distinctions in cultures could caused a failure of the brand especially in Asian nations.
• Low incomes at initial levels.
• Boost in marketing expenditures to get market share.
Alternative-2: Introduction of Click and Recommendations of Corporate Social Responsibility Initiatives At Exxonmobil The Good The Bad And The Ugly Case Analysis Stores
With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on might present an extreme danger to the market share of company. In this situation the business might think about presenting Click and Recommendations of Corporate Social Responsibility Initiatives At Exxonmobil The Good The Bad And The Ugly Case Analysis stores. These stores with a low requirement of funds to settle would enable the company to reach international markets, without ending its domestic shops.
Pros:
• Low financial investment
• Decreasing competitors risk
• Access to the world markets
• Increasing the size of consumer base
• Easy to manage
• Large Earnings
• Low Operating Costs
• Easy new market entrance
Cons:
• Hazard to the market position
• Removal of brand name Originality
• Removal of the excellent store experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another alternative that the business might consider, is to broaden towards the global markets without closing its domestic stores that adds to the major part of revenues of the company. The advantages and disadvantages related to Alternative 3 are given below;
Pros:
• Lowering competitors threat
• Access to the world markets
• Increasing the size of customer base
• Large Incomes
• Exploration of brand-new worldwide markets.
• Boost in profits from worldwide markets.
• Revenue diversity.
• Step towards being a strong international brand name.
Cons:
• Continuation of problems related to variety.
• Distinctions in cultures might resulted in a failure of the brand name especially in Asian nations.
• Low profits at initial levels.
• Increase in marketing expenditures to get market share.
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