Recommendations of Foxconns Labor Practices Case Analysis

Home >> Ibs Center For Management Research >> Foxconns Labor Practices >> Recommendations

Recommendations of Foxconns Labor Practices Case Study Solution

On the basis of above internal and external analysis of the company together with the assessment of numerous alternatives, the company is recommended to think about alternative 3. As alternative 3 would permit the company to broaden in global markets with no reduction in its local revenues and any degeneration of its market position. By considering Alternative 3, the company might preserve its shop experience and brand originality. It could also think about alternative 2 that might enable the business to access the markets without any possible investment. The business might pursue alternative 1 which would make it possible for the business to focus on prospective international markets rather than the regional markets however as the company is extremely reliant on the local markets with 90% of its shops in the US, there fore pursuing option 1 would result in the considerable decrease in company's revenue. Therefore, the business is suggested to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Foxconns Labor Practices Case Help Stores

The business has a long term market position in United States which can not be created quickly in the brand-new markets. The option would assist the business to expand in worldwide markets along with the elimination of issues raised in its local markets related to its diversity.

Pros:

• Exploration of new global markets.
• Increase in revenue from global markets.
• Removal of problems related to variety.
• Revenue diversification.
• Step towards being a strong global brand.

Cons:

• Loss of comprehensive earnings from the local markets.
• Increase in competition.
• Differences in cultures could resulted in a failure of the brand name particularly in Asian nations.
• Low earnings at preliminary levels.
• Increase in marketing expenditures to get market share.

Alternative-2: Introduction of Click and Recommendations of Foxconns Labor Practices Case Help Stores

Alternative 2 consists of the intro of online market places through creating an appropriate company's site. With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. might pose an extreme threat to the marketplace share of business. The competitors are moving towards click and Recommendations of Foxconns Labor Practices Case Solution stores with Space introducing Piperline. This shift towards online markets could reduce the profits for business. In this situation the company could think about presenting Click and Recommendations of Foxconns Labor Practices Case Solution shops. These stores with a low requirement of funds to settle would enable the company to reach global markets, without ending its domestic stores. The pros and cons of option 2 are offered as follows;

Pros:

• Low financial investment
• Lowering competition threat
• Access to the world markets
• Expanding consumer base
• Easy to manage
• Big Incomes
• Low Operating Costs
• Easy new market entryway

Cons:

• Danger to the marketplace position
• Elimination of brand name Individuality
• Elimination of the terrific store experience.
• Danger of decrease in elite sales.

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

Another option that the business might consider, is to broaden towards the global markets without closing its domestic shops that contributes to the huge part of revenues of the company. The benefits and drawbacks connected to Alternative 3 are given below;

Pros:

• Minimizing competitors hazard
• Access to the world markets
• Increasing the size of consumer base
• Large Earnings
• Exploration of new international markets.
• Boost in revenue from global markets.
• Income diversity.
• Action towards being a strong global brand name.

Cons:

• Continuation of problems connected to diversity.
• Distinctions in cultures might led to a failure of the brand specifically in Asian countries.
• Low earnings at initial levels.
• Increase in marketing expenses to get 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.