Recommendations of Human Resource Management System Reforms At Matsushita Case Analysis

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Recommendations of Human Resource Management System Reforms At Matsushita Case Study Solution

On the basis of above internal and external analysis of the business along with the assessment of numerous options, the company is advised to think about alternative 3. As alternative 3 would enable the business to broaden in global markets without any reduction in its local profits and any deterioration of its market position. The company might pursue alternative 1 which would make it possible for the business to focus on potential international markets rather than the local markets however as the company is extremely dependent on the local markets with 90% of its shops in the United States, there fore pursuing option 1 would result in the considerable decline in company's income.

Aletrnative-1: Expanding International Brick and Recommendations of Human Resource Management System Reforms At Matsushita Case Help Stores

Expansion towards worldwide markets through opening new stores in other Europe and Asian countries with closing domestic shops is although an excellent choice for increasing the worldwide presence of the business. Nevertheless, the closing of domestic stores could extremely affect the profits of the firm as above 90% of its shops lie locally and closing those stores would ultimately reduce the incomes of the company. Moreover, the business has a long term market position in United States which can not be produced soon in the new markets. The option would help the company to broaden in international markets in addition to the removal of concerns raised in its regional markets associated with its variety. The benefits and drawbacks for Alternative 1 are noted below;

Pros:

• Exploration of new worldwide markets.
• Boost in revenue from international markets.
• Removal of problems connected to variety.
• Revenue diversification.
• Action towards being a strong international brand name.

Cons:

• Loss of substantial profits from the regional markets.
• Increase in competition.
• Differences in cultures might led to a failure of the brand especially in Asian nations.
• Low revenues at initial levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Human Resource Management System Reforms At Matsushita Case Solution Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might position an extreme risk to the market share of business. In this scenario the company might think about presenting Click and Recommendations of Human Resource Management System Reforms At Matsushita Case Analysis shops. These stores with a low requirement of funds to settle would enable the business to reach worldwide markets, without ending its domestic shops.

Pros:

• Low investment
• Lowering competitors risk
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Large Incomes
• Low Operating Expense
• Easy brand-new market entryway

Cons:

• Risk to the market position
• Removal of brand name Originality
• Removal of the fantastic store experience.
• Risk of decrease in elite sales.

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

Another alternative that the company could consider, is to expand towards the global markets without closing its domestic shops that contributes to the huge part of earnings of the business. The pros and cons associated with Alternative 3 are offered below;

Pros:

• Reducing competition hazard
• Access to the world markets
• Enlarging consumer base
• Large Incomes
• Exploration of brand-new worldwide markets.
• Increase in revenue from worldwide markets.
• Profits diversification.
• Action towards being a strong worldwide brand name.

Cons:

• Continuation of issues associated with diversity.
• Differences in cultures could caused a failure of the brand especially in Asian countries.
• Low incomes at initial levels.
• Boost in marketing expenditures to get market share.



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