Recommendations of Daksh And Ibm Business Process Transformation In India Part 1 The Formative Years Case Analysis
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Recommendations of Daksh And Ibm Business Process Transformation In India Part 1 The Formative Years Case Study Solution
On the basis of above internal and external analysis of the business together with the assessment of different options, the company is advised to think about alternative 3. As alternative 3 would enable the company to expand in worldwide markets without any reduction in its local incomes and any wear and tear of its market position. By thinking about Alternative 3, the company could preserve its shop experience and brand originality. It might also consider alternative 2 that could enable the business to access the markets without any potential financial investment. The company could pursue alternative 1 which would allow the business to focus on prospective international markets rather than the regional markets but as the company is highly dependent on the regional markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the substantial decline in company's revenue. For that reason, the business is suggested to think about alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Daksh And Ibm Business Process Transformation In India Part 1 The Formative Years Case Solution Stores
The business has a long term market position in US which can not be generated soon in the brand-new markets. The option would help the business to expand in international markets along with the elimination of issues raised in its regional markets related to its variety.
Pros:
• Expedition of brand-new worldwide markets.
• Boost in revenue from global markets.
• Removal of concerns associated with diversity.
• Profits diversity.
• Step towards being a strong worldwide brand.
Cons:
• Loss of substantial revenues from the local markets.
• Increase in competition.
• Differences in cultures could caused a failure of the brand name especially in Asian countries.
• Low incomes at preliminary levels.
• Boost in marketing expenditures to acquire market share.
Alternative-2: Introduction of Click and Recommendations of Daksh And Ibm Business Process Transformation In India Part 1 The Formative Years Case Help Stores
Alternative 2 consists of the intro of online market locations through creating an appropriate company's website. With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might posture a severe threat to the marketplace share of company. The rivals are moving towards click and Recommendations of Daksh And Ibm Business Process Transformation In India Part 1 The Formative Years Case Analysis stores with Space introducing Piperline. This shift towards online markets could reduce the incomes for business. In this circumstance the company might consider presenting Click and Recommendations of Daksh And Ibm Business Process Transformation In India Part 1 The Formative Years Case Help stores. These shops with a low requirement of funds to settle would enable the business to reach worldwide markets, without ending its domestic stores. The advantages and disadvantages of option 2 are provided as follows;
Pros:
• Low investment
• Reducing competitors threat
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Big Earnings
• Low Operating Costs
• Easy new market entrance
Cons:
• Risk to the marketplace position
• Removal of brand name Individuality
• Elimination of the fantastic store experience.
• Danger of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another alternative that the company might consider, is to expand towards the global markets without closing its domestic stores that adds to the major part of incomes of the company. The pros and cons connected to Alternative 3 are offered below;
Pros:
• Decreasing competition risk
• Access to the world markets
• Increasing the size of consumer base
• Big Revenues
• Exploration of new international markets.
• Boost in profits from international markets.
• Profits diversification.
• Step towards being a strong global brand.
Cons:
• Extension of problems connected to variety.
• Distinctions in cultures could resulted in a failure of the brand especially in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to acquire market share.
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