Recommendations of Parquesoft A Unique Social Entrepreneurship Initiative Case Help

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Recommendations of Parquesoft A Unique Social Entrepreneurship Initiative Case Study Solution

On the basis of above internal and external analysis of the company along with the evaluation of various options, the company is recommended to consider alternative 3. As alternative 3 would permit the business to broaden in international markets without any decrease in its local profits and any wear and tear of its market position. The company could pursue alternative 1 which would allow the company to focus on prospective global markets rather than the regional markets but as the company is extremely dependent on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the significant decrease in company's revenue.

Aletrnative-1: Expanding International Brick and Recommendations of Parquesoft A Unique Social Entrepreneurship Initiative Case Analysis Stores

The company has a long term market position in US which can not be generated soon in the brand-new markets. The option would assist the company to expand in worldwide markets along with the elimination of problems raised in its local markets related to its variety.

Pros:

• Exploration of new global markets.
• Increase in income from international markets.
• Removal of concerns connected to diversity.
• Earnings diversification.
• Action towards being a strong worldwide brand.

Cons:

• Loss of substantial revenues from the local markets.
• Increase in competitors.
• Differences in cultures might led to a failure of the brand especially in Asian countries.
• Low profits at initial levels.
• Boost in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Parquesoft A Unique Social Entrepreneurship Initiative Case Analysis Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba and so on might posture an extreme hazard to the market share of company. In this circumstance the company might consider presenting Click and Recommendations of Parquesoft A Unique Social Entrepreneurship Initiative Case Help shops. These shops with a low requirement of funds to settle would make it possible for the company to reach global markets, without ending its domestic stores.

Pros:

• Low financial investment
• Reducing competitors threat
• Access to the world markets
• Expanding consumer base
• Easy to manage
• Large Profits
• Low Operating Expense
• Easy new market entryway

Cons:

• Hazard to the marketplace position
• Elimination of brand Individuality
• Elimination of the excellent shop experience.
• Threat of decrease in elite sales.

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

Another option that the company could think about, is to broaden towards the international markets without closing its domestic stores that contributes to the major part of profits of the business. The benefits and drawbacks associated with Alternative 3 are offered below;

Pros:

• Lowering competitors danger
• Access to the world markets
• Enlarging customer base
• Big Revenues
• Exploration of brand-new international markets.
• Boost in earnings from global markets.
• Earnings diversification.
• Action towards being a strong global brand name.

Cons:

• Extension of problems related to diversity.
• Distinctions in cultures might led to a failure of the brand name especially in Asian countries.
• Low earnings at preliminary levels.
• Boost in marketing expenditures to gain market share.



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