Recommendations of Human Resource Management Best Practices At Fedex Corporation Case Solution
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Recommendations of Human Resource Management Best Practices At Fedex Corporation Case Study Solution
On the basis of above internal and external analysis of the business along with the evaluation of different alternatives, the business is suggested to consider alternative 3. As alternative 3 would enable the company to expand in international markets without any decrease in its regional incomes and any degeneration of its market position. The company could pursue alternative 1 which would enable the business to focus on potential international markets rather than the regional markets however as the company is extremely dependent on the regional markets with 90% of its stores in the US, there fore pursuing option 1 would result in the substantial decrease in company's income.
Aletrnative-1: Expanding International Brick and Recommendations of Human Resource Management Best Practices At Fedex Corporation Case Help Stores
The company has a long term market position in United States which can not be produced quickly in the brand-new markets. The option would assist the business to broaden in international markets along with the elimination of concerns raised in its regional markets related to its variety.
Pros:
• Expedition of new international markets.
• Increase in earnings from worldwide markets.
• Elimination of issues related to variety.
• Profits diversification.
• Action towards being a strong global brand.
Cons:
• Loss of substantial profits from the local markets.
• Increase in competitors.
• Distinctions in cultures might led to a failure of the brand particularly in Asian nations.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to get market share.
Alternative-2: Introduction of Click and Recommendations of Human Resource Management Best Practices At Fedex Corporation Case Analysis Stores
Alternative 2 consists of the intro of online market places through generating an appropriate business's website. With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. could posture a serious threat to the market share of company. Furthermore, the competitors are moving towards click and Recommendations of Human Resource Management Best Practices At Fedex Corporation Case Solution shops with Gap presenting Piperline. This shift towards online markets might lower the revenues for company. In this situation the company could consider introducing Click and Recommendations of Human Resource Management Best Practices At Fedex Corporation Case Help shops. These stores with a low requirement of funds to settle would allow the company to reach global markets, without ending its domestic stores. The advantages and disadvantages of option 2 are provided as follows;
Pros:
• Low investment
• Reducing competition hazard
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Large Incomes
• Low Operating Expense
• Easy brand-new market entryway
Cons:
• Hazard to the marketplace position
• Elimination of brand name Individuality
• Removal of the great shop experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the company might consider, is to expand towards the global markets without closing its domestic shops that contributes to the major part of revenues of the company. The pros and cons related to Alternative 3 are offered listed below;
Pros:
• Decreasing competitors danger
• Access to the world markets
• Expanding customer base
• Big Incomes
• Exploration of new international markets.
• Increase in income from international markets.
• Revenue diversity.
• Step towards being a strong global brand name.
Cons:
• Extension of issues connected to variety.
• Differences in cultures could caused a failure of the brand name especially in Asian nations.
• Low earnings at preliminary levels.
• Boost in marketing expenses to acquire market share.
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