Introducing many other retailers in the corporation


Assignment task:

(I need help rewording this in simple words without ai) Canadian Tire had many strengths such as their location placement was very accessible by almost all Canadians. They also did a good job introducing many other retailers in their corporation such as Atmosphere, Marks, and Sporschek since all these different retailers target a specific group of people and sell specific products. They have introduced reward programs, partnered with financial companies, and have community involvement programs to enhance their revenue and attract more customers. They also had weaknesses such as when they tried to expand into the US. They had too much direct competition with Home Depot and did not satisfy customer needs as well as they did in Canada. I feel that they should continue opening locations in Canada and keep continuing the patriotic culture that they have followed. They should target more buyers by improving their online marketing and retailing. This can target more international buyers and increase international revenue Bombardier had many strengths, such as their ability to analyze, and satisfy customer needs. They successfully expanded internationally by supplying to new and quick growing cities which would become metropolitan cities. They were able to adjust to changes and satisfy the international market. They were also able to make business partnerships with other companies to avoid competition and create a name in the global market. They were able to outsource manufacturing into 3rd world countries to create jobs, reduce cost, and increase profit. They had weaknesses such as labor and product disputes. They laid off over 15,000 domestic workers to outsource their manufacturing to other countries to cut costs. They should continue expanding to fulfill the needs of the global market and continue being innovative and having partnerships to adjust and stay ahead of the latest trends and market

Request for Solution File

Ask an Expert for Answer!!
Other Management: Introducing many other retailers in the corporation
Reference No:- TGS03422295

Expected delivery within 24 Hours