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Recommendations of Renaults Logan Car Managing Customs Duties For A Global Product Case Study Analysis

On the basis of above internal and external analysis of the business together with the examination of various options, the business is advised to think about alternative 3. As alternative 3 would permit the company to expand in worldwide markets without any reduction in its local incomes and any degeneration of its market position. By thinking about Alternative 3, the company might maintain its store experience and brand uniqueness. It might likewise consider alternative 2 that might enable the company to access the markets without any potential investment. The business might pursue alternative 1 which would make it possible for the company to focus on potential worldwide markets rather than the regional markets however as the business is highly dependent on the regional markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the substantial decline in business's revenue. Therefore, the company is advised to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Renaults Logan Car Managing Customs Duties For A Global Product Case Analysis Stores

Expansion towards worldwide markets through opening brand-new shops in other Europe and Asian nations with closing domestic shops is although a great option for increasing the worldwide presence of the business. The closing of domestic shops might highly affect the earnings of the company as above 90% of its stores are situated domestically and closing those stores would eventually reduce the revenues of the company. Furthermore, the company has a long term market position in US which can not be produced soon in the new markets. The option would assist the company to expand in global markets together with the removal of concerns raised in its local markets related to its diversity. The pros and Cons for Option 1 are noted below;

Pros:

• Expedition of brand-new worldwide markets.
• Boost in profits from international markets.
• Removal of issues related to diversity.
• Revenue diversification.
• Step towards being a strong international brand name.

Cons:

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

Alternative-2: Introduction of Click and Recommendations of Renaults Logan Car Managing Customs Duties For A Global Product Case Solution Stores

Alternative 2 consists of the intro of online market locations through creating a correct business's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on could present a severe risk to the market share of business. The competitors are moving towards click and Recommendations of Renaults Logan Car Managing Customs Duties For A Global Product Case Analysis shops with Space introducing Piperline. This shift towards online markets might decrease the incomes for company. In this circumstance the company could consider introducing Click and Recommendations of Renaults Logan Car Managing Customs Duties For A Global Product Case Analysis stores. 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. The advantages and disadvantages of alternative 2 are provided as follows;

Pros:

• Low investment
• Lowering competition threat
• Access to the world markets
• Enlarging customer base
• Easy to handle
• Large Revenues
• Low Operating Expense
• Easy new market entrance

Cons:

• Risk to the market position
• Elimination of brand Uniqueness
• Elimination of the terrific store experience.
• Threat of decrease in elite sales.

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

Another alternative that the business could think about, is to broaden towards the worldwide markets without closing its domestic stores that adds to the huge part of incomes of the company. The benefits and drawbacks associated with Alternative 3 are given listed below;

Pros:

• Lowering competition danger
• Access to the world markets
• Increasing the size of consumer base
• Large Earnings
• Exploration of new international markets.
• Boost in earnings from global markets.
• Profits diversity.
• Action towards being a strong worldwide brand.

Cons:

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



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