Recommendations of The Solution Exchange Knowledge Management Initiative At Undp Case Help

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Recommendations of The Solution Exchange Knowledge Management Initiative At Undp Case Study Help

On the basis of above internal and external analysis of the business together with the evaluation of various options, the business is suggested to think about alternative 3. As alternative 3 would enable the business to expand in international markets with no reduction in its local earnings and any degeneration of its market position. By considering Alternative 3, the company might preserve its shop experience and brand originality. However, it might also consider alternative 2 that could enable the company to access the markets with no potential financial investment. 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 regional markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the substantial decline in business's profits. The company is advised to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of The Solution Exchange Knowledge Management Initiative At Undp Case Help Stores

The business has a long term market position in United States which can not be generated soon in the brand-new markets. The alternative would help the business to expand in global markets along with the elimination of problems raised in its regional markets related to its diversity.

Pros:

• Expedition of new global markets.
• Increase in earnings from international markets.
• Removal of problems associated with diversity.
• Earnings diversification.
• Action towards being a strong international brand.

Cons:

• Loss of substantial revenues from the regional markets.
• Boost in competition.
• Distinctions in cultures could led to a failure of the brand specifically in Asian countries.
• Low revenues at preliminary levels.
• Increase in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of The Solution Exchange Knowledge Management Initiative At Undp Case Help Stores

Alternative 2 includes the introduction of online market locations through generating an appropriate business's website. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. could present a serious hazard to the market share of company. Furthermore, the rivals are shifting towards click and Recommendations of The Solution Exchange Knowledge Management Initiative At Undp Case Help shops with Space presenting Piperline. This shift towards online markets could decrease the earnings for business. In this situation the business could consider introducing Click and Recommendations of The Solution Exchange Knowledge Management Initiative At Undp Case Solution shops. These stores with a low requirement of funds to settle would allow the business to reach international markets, without ending its domestic shops. The advantages and disadvantages of alternative 2 are given as follows;

Pros:

• Low financial investment
• Minimizing competition threat
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Big Revenues
• Low Operating Expense
• Easy new market entryway

Cons:

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

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

Another choice that the company might consider, is to broaden towards the international markets without closing its domestic stores that adds to the major part of profits of the company. The pros and cons connected to Alternative 3 are given below;

Pros:

• Minimizing competition threat
• Access to the world markets
• Increasing the size of customer base
• Big Earnings
• Exploration of brand-new global markets.
• Boost in earnings from international markets.
• Income diversity.
• Action towards being a strong global brand.

Cons:

• Extension of issues related to variety.
• Distinctions in cultures might resulted in a failure of the brand name particularly in Asian nations.
• Low incomes at initial levels.
• Boost in marketing expenses to gain market share.



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