Recommendations of Social Entrepreneurship: The Alicia Polak Way Case Solution

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Recommendations of Social Entrepreneurship: The Alicia Polak Way Case Study Help

On the basis of above internal and external analysis of the business along with the assessment of numerous options, the company is suggested to consider alternative 3. As alternative 3 would allow the company to expand in international markets without any decrease in its regional profits and any wear and tear of its market position. The business might pursue alternative 1 which would allow the business to focus on potential global 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 alternative 1 would result in the significant decrease in company's profits.

Aletrnative-1: Expanding International Brick and Recommendations of Social Entrepreneurship: The Alicia Polak Way Case Solution Stores

Expansion towards worldwide markets through opening new shops in other Europe and Asian nations with closing domestic stores is although an excellent option for increasing the global presence of the business. Nevertheless, the closing of domestic shops could highly impact the revenues of the firm as above 90% of its shops lie locally and closing those stores would eventually minimize the incomes of the firm. Moreover, the company has a long term market position in United States which can not be generated soon in the brand-new markets. The option would assist the business to expand in global markets along with the elimination of issues raised in its regional markets connected to its variety. The advantages and disadvantages for Alternative 1 are noted below;

Pros:

• Expedition of new international markets.
• Increase in earnings from worldwide markets.
• Elimination of problems connected to diversity.
• Profits diversity.
• Action towards being a strong international brand name.

Cons:

• Loss of extensive revenues from the local markets.
• Increase in competition.
• Distinctions in cultures could caused a failure of the brand especially in Asian countries.
• Low earnings at preliminary levels.
• Boost in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Social Entrepreneurship: The Alicia Polak Way Case Help Stores

With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. might posture a serious threat to the market share of company. In this situation the business might think about presenting Click and Recommendations of Social Entrepreneurship: The Alicia Polak Way Case Help shops. These shops with a low requirement of funds to settle would make it possible for the business to reach international markets, without ending its domestic stores.

Pros:

• Low investment
• Reducing competition danger
• Access to the world markets
• Expanding customer base
• Easy to manage
• Large Incomes
• Low Operating Expense
• Easy new market entryway

Cons:

• Risk to the marketplace position
• Removal of brand Individuality
• Elimination of the terrific shop experience.
• Danger of decrease in elite sales.

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

Another alternative that the business might consider, is to broaden towards the worldwide markets without closing its domestic stores that contributes to the major part of earnings of the company. The advantages and disadvantages associated with Alternative 3 are given below;

Pros:

• Decreasing competitors hazard
• Access to the world markets
• Increasing the size of customer base
• Big Incomes
• Expedition of new global markets.
• Increase in revenue from international markets.
• Income diversity.
• Action towards being a strong worldwide brand name.

Cons:

• Continuation of concerns associated with diversity.
• Distinctions in cultures might resulted in a failure of the brand name particularly in Asian nations.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to acquire market share.



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