Recommendations of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Help

Home >> Asia Case Research Centre >> Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship >> Recommendations

Recommendations of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help

On the basis of above internal and external analysis of the business along with the assessment of numerous options, the business is advised to think about alternative 3. As alternative 3 would enable the company to expand in international markets without any decrease in its regional profits and any wear and tear of its market position. The company could pursue alternative 1 which would enable the business to focus on prospective global markets rather than the local markets however as the company is highly dependent on the local markets with 90% of its shops in the US, there fore pursuing option 1 would result in the significant decline in business's profits.

Aletrnative-1: Expanding International Brick and Recommendations of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Analysis Stores

The company has a long term market position in US which can not be created quickly in the new markets. The option would assist the company to expand in worldwide markets along with the elimination of issues raised in its regional markets related to its variety.

Pros:

• Exploration of brand-new international markets.
• Boost in income from international markets.
• Elimination of problems associated with variety.
• Income diversification.
• Action towards being a strong worldwide brand.

Cons:

• Loss of extensive earnings from the local markets.
• Boost in competitors.
• Differences in cultures could caused a failure of the brand name particularly in Asian nations.
• Low incomes at preliminary levels.
• Boost in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Help Stores

Alternative 2 consists of the introduction of online market places through producing a correct business's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. could posture a serious risk to the marketplace share of company. The competitors are shifting towards click and Recommendations of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Analysis stores with Gap introducing Piperline. This shift towards online markets might reduce the revenues for business. In this situation the business might consider introducing Click and Recommendations of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Analysis shops. These shops with a low requirement of funds to settle would enable the company to reach international markets, without ending its domestic stores. The pros and cons of alternative 2 are given as follows;

Pros:

• Low financial investment
• Lowering competition risk
• Access to the world markets
• Increasing the size of consumer base
• Easy to handle
• Big Earnings
• Low Operating Expense
• Easy brand-new market entrance

Cons:

• Threat to the marketplace position
• Elimination of brand Uniqueness
• Elimination of the fantastic shop experience.
• Risk of decrease in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another choice that the business might consider, is to expand towards the global markets without closing its domestic shops that contributes to the major part of incomes of the business. The pros and cons connected to Alternative 3 are given listed below;

Pros:

• Reducing competition hazard
• Access to the world markets
• Enlarging customer base
• Large Earnings
• Exploration of brand-new worldwide markets.
• Boost in earnings from worldwide markets.
• Profits diversification.
• Step towards being a strong international brand name.

Cons:

• Extension of problems associated with diversity.
• Distinctions in cultures might led to a failure of the brand especially in Asian nations.
• Low incomes at initial levels.
• Increase in marketing expenditures to acquire market share.



This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.