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 Analysis

RecommendationsOn the basis of above internal and external analysis of the company together with the evaluation of various alternatives, the company is suggested to consider alternative 3. As alternative 3 would allow the business to expand in global markets with no decrease in its local profits and any wear and tear of its market position. By considering Alternative 3, the business could keep its shop experience and brand name uniqueness. It could also think about alternative 2 that might permit the company to access the markets without any prospective financial investment. Although, the business could pursue alternative 1 which would allow the company to concentrate on possible international markets rather than the local markets but as the business is highly based on the regional markets with 90% of its stores in the US, there fore pursuing alternative 1 would lead to the significant decrease in business's profits. The company is suggested to consider alternative 3.

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

International SegmentsThe company has a long term market position in US which can not be created soon in the new markets. The choice would help the company to broaden in worldwide markets along with the removal of issues raised in its regional markets related to its diversity.

Pros:

• Expedition of new global markets.
• Boost in earnings from worldwide markets.
• Removal of issues connected to variety.
• Revenue diversity.
• Action towards being a strong international brand.

Cons:

• Loss of substantial revenues from the regional markets.
• Increase in competition.
• Distinctions in cultures could resulted in a failure of the brand especially in Asian nations.
• Low revenues at preliminary levels.
• Boost 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

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on might position an extreme threat to the market share of business. In this circumstance the company might think about introducing Click and Recommendations of The Solution Exchange: Knowledge Management Initiative At Undp Case Analysis stores. These stores with a low requirement of funds to settle would make it possible for the business to reach international markets, without ending its domestic shops.

Pros:

• Low financial investment
• Decreasing competition risk
• Access to the world markets
• Enlarging consumer base
• Easy to manage
• Big Earnings
• Low Operating Expense
• Easy brand-new market entrance

Cons:

• Danger to the marketplace position
• Removal of brand Individuality
• Removal of the fantastic store experience.
• Threat of decline in elite sales.

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

Another choice that the business could consider, is to expand towards the international markets without closing its domestic shops that adds to the major part of earnings of the business. The benefits and drawbacks related to Alternative 3 are provided below;

Pros:

• Reducing competition threat
• Access to the world markets
• Enlarging consumer base
• Big Revenues
• Exploration of new worldwide markets.
• Boost in income from worldwide markets.
• Earnings diversity.
• Action towards being a strong international brand.

Cons:

• Continuation of problems related to diversity.
• Differences in cultures could led to a failure of the brand specifically in Asian nations.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to gain market share.



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