How aggressively should TJX expand globally, and where, and when, to maximize th

Question

How aggressively should TJX expand globally, and where, and when, to maximize the value of the company for shareholders? Make sure to identify/analyze TJX's current business strategy, what issues they are facing, what specific business problems should be solved, and then make recommendations based on quality research how they can maximize the value of the company for the stakeholders. Make sure that your recommendations are based on comprehensive and quality research, identify specific business concepts, and that they are actionable by the company leadership.

Explanation / Answer

A- FIRST OF ALL LETS KNOW TGX CORPORATION WHAT IS ITS BUSINESS ITS AN LOGISTICS COMPANY CATERING TO NEEDS OF CORPORATES DELIEVERING PRODUCTS A ND CONSIGNMENTS IN EFFICIENT MANNER.WE HAVE TIE UP ALL AROUND US NOW SHOULD AIM TO TAP UNTAPPED AREA OF ASIA AND AUSTRALIA.WHY THESE NATIONS? WE HAVE SERVING AND DELIEVERING PRODUCTS AND CONSIGNMETS OF OUR US CLIENTS IN THESE NATIONS FOR THE LAST 15 YEARS HAD DEVELOPED LOCAL CONTACTS AND ASSOCIATES WHICH CAN ACT AS OUR BRAND AMBASSADORS.

THE COST INVOLVED MAY NOT BE HIGH AS THEY KNOW OUR PRATICIES WE JUST NEED TO TRAINOR REFINE THEIR CARGO HANDLING TECHNIQUES SO THAT THEY CAN DELIEVER AS PER EXPECTATIONS OF CLIENT FOR WHICH TJX IS KNOWN FOR.

BUSINESS POTENTIAL IS UNLIMITED AS LOCAL COMPANIES KNOW US AND HAVE POSITIVE BRAND IMAGE ,WE JUST NEED TO RECRUIT AND SET UP FRANCHISEE ALL OVER THERE WHERE LOCALITIES WILL BE EMPLOYED TO CATER LOCAL BUSINESSES SLOWLY AND STEADILY IF BUSINESS EXPAND WE MAY END THIS FRANCHSEE MODEL AND START OUR OWN HUB .ALL RULES OF THE LAND LIKE TAXES, EMPLOYEE BENEFITS HR POLICY, RETRENCHMENT/COMPENSATION POLICY WILL BE CARED OF.

FOR RECURITMENT WE MAY ENPOWER OUR FRANCHISEES OR IF POSSIBLE OFFER JOBDS TO THE PEERS OF WORKERS WORKING IN OUR TARGETCUSTOMERS GROUP WITH AN INHERENT ADVANTAGE OF RECOGITION IE- THE BOTH SERVICED AND SERED KNOW EACH OTHER SO BUSINESS WITH RUN IN INFORMAL WAY WHICH WILL REDUCE OUR ERROR AND COVER UP ANY UNWARRANTED ERROR ARISING OUT OF UNAVOIDABLE CIRCUMSTANCES.

BY VENTURING INTO THESE COUNTRIES/CONTINENTS OUR REVENUES IS EXPECTED TO ROSE BY 15% FOR FIRST 5 YEARS IN TOTO WHILE SUFFERING INDIVIDULLOSSES IN BOTH OPERATIONS LIKE 10YEARS WHERE WE EXPECT TO BE BREAK EVEN.

FOR IMPROVING QUALITY WE MAY HAVE TO BUY SOME SHIPS AND VEHICHLES AS AUSTRALIA IS AN ISLAND CONTINENT WHERE WATERWAYS COULD PROVE ECONOMICAL FOR TRANSPORTATION.WHILE IN INDIA IS AN LAND LOCKED NATION IN MAXIMUM PARTS WHERE ROADWAYS IS THE ONLY WAYS THROUGH WHICH DESTINATIONS CAN BE ACCESSED.

THESE ARE SOME RECOMMENDATIONS NOT COMPREHENSIVE ONES TO BE ACTED UPON FOR THE COMPANY LEADERSHIP.

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