Recommendations of The European Recycling Platform Promoting Competition In E-Waste Recycling Case Analysis

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Recommendations of The European Recycling Platform Promoting Competition In E-Waste Recycling Case Study Solution

On the basis of above internal and external analysis of the business together with the evaluation of different alternatives, the company is advised to think about alternative 3. As alternative 3 would permit the business to expand in worldwide markets with no decrease in its local profits and any wear and tear of its market position. By considering Alternative 3, the company might preserve its store experience and brand name originality. Nevertheless, it could also consider alternative 2 that might allow the business to access the marketplaces without any prospective investment. Although, the company could pursue alternative 1 which would make it possible for the company to concentrate on prospective international markets instead of the regional markets but 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 lead to the substantial decrease in business's income. The company is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of The European Recycling Platform Promoting Competition In E-Waste Recycling Case Analysis Stores

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

Pros:

• Exploration of new global markets.
• Increase in earnings from international markets.
• Elimination of issues associated with variety.
• Income diversification.
• Step towards being a strong worldwide brand.

Cons:

• Loss of substantial revenues from the regional markets.
• Increase in competitors.
• Distinctions in cultures might caused a failure of the brand 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 The European Recycling Platform Promoting Competition In E-Waste Recycling Case Help Stores

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on might present a serious danger to the market share of company. In this scenario the company might consider presenting Click and Recommendations of The European Recycling Platform Promoting Competition In E-Waste Recycling 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 stores.

Pros:

• Low investment
• Reducing competitors hazard
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Big Profits
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Threat to the market position
• Removal of brand Originality
• Elimination of the terrific shop experience.
• Danger of decline in elite sales.

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

Another choice that the business could think about, is to broaden towards the worldwide markets without closing its domestic shops that contributes to the huge part of incomes of the business. The pros and cons associated with Alternative 3 are offered below;

Pros:

• Lowering competition risk
• Access to the world markets
• Expanding customer base
• Large Profits
• Expedition of new international markets.
• Increase in income from worldwide markets.
• Profits diversification.
• Action towards being a strong worldwide brand.

Cons:

• Continuation of concerns connected to diversity.
• Distinctions in cultures could led to a failure of the brand name particularly in Asian countries.
• Low revenues at preliminary levels.
• Increase in marketing expenses to get market share.



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