Recommendations of Erp Implementation Failure At Hershey Foods Corporation Case Analysis

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Recommendations of Erp Implementation Failure At Hershey Foods Corporation Case Study Analysis

On the basis of above internal and external analysis of the company along with the assessment of different alternatives, the business is advised to consider alternative 3. As alternative 3 would permit the business to broaden in worldwide markets without any reduction in its local incomes and any wear and tear of its market position. The business might pursue alternative 1 which would allow the business to focus on potential international markets rather than the regional markets however as the company is highly reliant on the regional markets with 90% of its shops in the United States, there fore pursuing option 1 would result in the considerable decrease in company's income.

Aletrnative-1: Expanding International Brick and Recommendations of Erp Implementation Failure At Hershey Foods Corporation Case Solution Stores

The company has a long term market position in United States which can not be created quickly in the brand-new markets. The alternative would assist the company to broaden in global markets along with the elimination of problems raised in its local markets related to its variety.

Pros:

• Expedition of new worldwide markets.
• Boost in revenue from worldwide markets.
• Elimination of concerns associated with diversity.
• Profits diversity.
• Step towards being a strong worldwide brand name.

Cons:

• Loss of substantial revenues from the regional markets.
• Increase in competitors.
• Differences in cultures could resulted in a failure of the brand specifically in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Erp Implementation Failure At Hershey Foods Corporation Case Analysis Stores

Alternative 2 includes the intro of online market locations through generating a correct company's site. With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on might position a serious threat to the marketplace share of company. Additionally, the rivals are shifting towards click and Recommendations of Erp Implementation Failure At Hershey Foods Corporation Case Help shops with Gap presenting Piperline. This shift towards online markets could reduce the revenues for business. In this situation the business could consider presenting Click and Recommendations of Erp Implementation Failure At Hershey Foods Corporation Case Help shops. These stores with a low requirement of funds to settle would make it possible for the business to reach international markets, without ending its domestic shops. The advantages and disadvantages of alternative 2 are offered as follows;

Pros:

• Low financial investment
• Reducing competition hazard
• Access to the world markets
• Increasing the size of consumer base
• Easy to manage
• Large Profits
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Risk to the marketplace position
• Removal of brand name Individuality
• Elimination of the fantastic store experience.
• Threat of decrease in elite sales.

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

Another alternative that the company could consider, is to broaden towards the global markets without closing its domestic stores that adds to the major part of earnings of the business. The advantages and disadvantages associated with Alternative 3 are provided listed below;

Pros:

• Minimizing competition hazard
• Access to the world markets
• Expanding customer base
• Big Profits
• Expedition of brand-new global markets.
• Boost in earnings from worldwide markets.
• Profits diversification.
• Action towards being a strong worldwide brand.

Cons:

• Extension of issues connected to diversity.
• Distinctions in cultures might caused a failure of the brand name particularly in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenditures to get market share.



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