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

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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 company along with the evaluation of numerous alternatives, the company is recommended to think about alternative 3. As alternative 3 would allow the company to broaden in international markets without any reduction in its local revenues and any degeneration of its market position. The company could pursue alternative 1 which would allow the business to focus on prospective worldwide markets rather than the local markets however as the company is highly dependent on the local markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the substantial decrease in business's revenue.

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

Growth towards global markets through opening new shops in other Europe and Asian nations with closing domestic shops is although a good alternative for increasing the international presence of the company. The closing of domestic stores could extremely affect the revenues of the company as above 90% of its shops are situated domestically and closing those stores would eventually decrease the revenues of the company. The company has a long term market position in United States which can not be generated soon in the new markets. The option would assist the business to broaden in international markets together with the elimination of issues raised in its regional markets related to its variety. The benefits and drawbacks for Option 1 are listed below;

Pros:

• Expedition of new global markets.
• Increase in income from international markets.
• Removal of issues associated with variety.
• Revenue diversity.
• Action towards being a strong international brand name.

Cons:

• Loss of substantial revenues from the regional markets.
• Boost in competitors.
• Differences in cultures could resulted in a failure of the brand name especially in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to get market share.

Alternative-2: Introduction of Click and Recommendations of The European Recycling Platform: Promoting Competition In E-Waste Recycling Case Solution Stores

Alternative 2 consists of the introduction of online market locations through producing a correct business's website. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. might posture a severe danger to the market share of business. The competitors are shifting towards click and Recommendations of The European Recycling Platform: Promoting Competition In E-Waste Recycling Case Solution stores with Gap introducing Piperline. This shift towards online markets could decrease the revenues for company. In this circumstance the business might consider presenting Click and Recommendations of The European Recycling Platform: Promoting Competition In E-Waste Recycling Case Analysis shops. These shops with a low requirement of funds to settle would make it possible for the business to reach global markets, without ending its domestic stores. The benefits and drawbacks of alternative 2 are provided as follows;

Pros:

• Low investment
• Decreasing competitors hazard
• Access to the world markets
• Expanding customer base
• Easy to handle
• Big Profits
• Low Operating Expense
• Easy new market entrance

Cons:

• Hazard to the market position
• Elimination of brand name Individuality
• Elimination of the great store experience.
• Danger of decrease in elite sales.

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

Another option that the business might think about, is to expand towards the international markets without closing its domestic stores that adds to the major part of revenues of the business. The pros and cons related to Alternative 3 are given below;

Pros:

• Minimizing competition threat
• Access to the world markets
• Increasing the size of customer base
• Big Revenues
• Expedition of brand-new global markets.
• Increase in income from worldwide markets.
• Profits diversification.
• Action towards being a strong worldwide brand name.

Cons:

• Extension of problems related to variety.
• Differences in cultures might resulted in a failure of the brand specifically in Asian nations.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to acquire market share.



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