The following are the disadvantage to L\'Oreal global approach: 1. High competit
ID: 374004 • Letter: T
Question
The following are the disadvantage to L'Oreal global approach:
1. High competition is a major disadvantage to the global approach, as where there are so many other brand provides on same quality services.
2.The company does not have any solid plan or implementation towards global approach, so that might leads towards risks on their growth.
3. The disadvantage on the culture and policies might affect on the operational risks towards global opportunity and that might impact on reducing the brand image.
4. The disadvantage on the customers life style, as where they are many people expect only low cost service and that might affect the overall business through global approach.
5. High cost investment towards doing marketing research for global approach is a disadvantage.
Explanation / Answer
What are the disavantages to L'Oreal global approach?
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