rofitable to the organization and to them.
6.3 Market development
From this strategy options, it involves the strategy of introducing both new and existing products to their existing
customers and not overlooking the new customers. From here, both new and existing customers have the options and more
information about those products.
From here, they would be introduce their product to both side. They would be able to saturated new opportunities for
geographical spread, entering new segments or new users in the environment. Such a change will enable GM in better
turnover at medium risk by exploiting current strength or market knowledge. (Lynch, R., 2006)
Suitability:
It is suitable in market development as they tend to target new groups of people, and other new geographic places.
(Johnson, Scholes & Whittington, 2008). GM try to targets elders, adult or basically all adult group.
Feasibility:
It is feasible for GM as they have enough resources to develop into the new market. According to the U.S. Treasury
Department, they has received $1 billion repayment from GM. This shows that they totally have enough fund to research and
develop proper strategy in order to venture into the new market or exploring into a new market segment.
Acceptability:
Stakeholders and shareholders would surely agree with this strategy as it gain profit for the company and stakeholders or
shareholders themselves.
Recommendation of Strategy options
The best strategic option for GM in their current situation is to develop a new vehicle which is alternative energy SUV;
this strategy would significantly lead to a growth in sales. In addition, GM can gain a new business partner from Canada-
Russia consortium because of their contractual relationship and this would be a great competitive advantage for GM. By
using this strategy, which is an external method, it can help GM to solve their problems quickly. An alliance with Magna-
Sberbank will also benefit GM in terms of saving expenses on research for the small car technology. This will aid GM in
solving the tribulations that they are facing.
实施问题-7 Implementation Issues
When GM wants to withdraw or retain Europe operation, some obstacles will appear. They are called implementation issues.
These implementation issues will be discussed how Government involved in its decision making.
7.1 Russian Government
German Gref, the Sberbank boss stated that he acquires GM Europe section to enter new markets abroad and confirmed it is a
really low price to takeover Opel, it can get the permission to get its company technology. Sberbank is a famous creditors
of automotive industry in Russia in which inform to turn around its carmaker industry. The Russian Trade and Industry
Minister stated that if not the takeover, they will not good enough to develop the international car company
Since the Russian government plans to acquire international t
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