Guillermo Furniture Store Scenario Organization, Approval Instructor, Essay

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Guillermo Furniture Store Scenario organization, approval instructor, assignment Write a paper 2,000 words analyzes Guillermo's alternatives. Select alternatives justify recommendation discussing financial business advantages disadvantages solution vs. alternatives.

The Guillermo Furniture Store Scenario

The Guillermo Furniture Store is currently facing severe challenges from the external environment. As competition intensifies and as the forces in the micro and macro environments become more pressing, the economic agent is forced to reconsider its strategic direction. Up to this stage, the furniture store had been primarily operating on manual labor and was emphasizing on high product quality.

While the managerial objective is that of preserving the high quality of the products and services delivered by the Guillermo Furniture Store, its underlying scope is that of creating more positive financial results and as such securing an improved competitive position for the company.

In establishing the future course of action, four alternative solutions were identified, as follows:

The consolidation of the competitive position of the furniture store through industry movements of mergers and acquisitions that secure a better place for the company

The expansion of the Guillermo Furniture Store so that it offers more services, to wider consumer markets and through a more complex managerial model

The purchase and integration of hi-tech machineries and equipments which increase efficiency and production volumes, and finally

The provision of distribution services for a competing furniture company in Norway.

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Each of these alternatives is characterized by its own benefits and limitations. For instance, the mergers and acquisitions would mean that the Guillermo Furniture Store loses its independence, comes of depend on the resources and decisions of other parties as well. The expansion would preserve the company's independence, but would imply the need for 24-hour dedication and commitment from the managerial team, and the owner is unwilling to sacrifice his life for this endeavor. Then, in….....

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