Recommendations of Itc E Choupal Corporate Social Responsibility In Rural India Case Solution

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Recommendations of Itc E Choupal Corporate Social Responsibility In Rural India Case Study Solution

On the basis of above internal and external analysis of the business along with the assessment of numerous options, the business is suggested to consider alternative 3. As alternative 3 would permit the company to expand in global markets without any decrease in its regional revenues and any deterioration of its market position. The company might pursue alternative 1 which would enable the business to focus on prospective worldwide markets rather than the regional markets but as the company is extremely reliant on the regional markets with 90% of its shops in the US, there fore pursuing option 1 would result in the substantial decrease in company's revenue.

Aletrnative-1: Expanding International Brick and Recommendations of Itc E Choupal Corporate Social Responsibility In Rural India Case Help Stores

Expansion towards worldwide markets through opening new stores in other Europe and Asian countries with closing domestic shops is although a great option for increasing the international existence of the business. The closing of domestic shops might extremely impact the incomes of the firm as above 90% of its shops are located domestically and closing those stores would ultimately decrease the revenues of the firm. Furthermore, the business has a long term market position in United States which can not be produced soon in the brand-new markets. The option would assist the company to broaden in global markets along with the elimination of issues raised in its regional markets connected to its variety. The benefits and drawbacks for Alternative 1 are listed below;

Pros:

• Expedition of brand-new worldwide markets.
• Increase in earnings from global markets.
• Removal of concerns related to variety.
• Profits diversification.
• Action towards being a strong global brand.

Cons:

• Loss of comprehensive profits from the local markets.
• Boost in competition.
• Distinctions in cultures might caused a failure of the brand especially in Asian nations.
• Low revenues at initial levels.
• Increase in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Itc E Choupal Corporate Social Responsibility In Rural India Case Solution Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might posture a severe risk to the market share of business. In this situation the company might think about presenting Click and Recommendations of Itc E Choupal Corporate Social Responsibility In Rural India Case Help stores. These shops with a low requirement of funds to settle would make it possible for the business to reach worldwide markets, without ending its domestic stores.

Pros:

• Low financial investment
• Minimizing competitors threat
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Large Incomes
• Low Operating Expense
• Easy new market entrance

Cons:

• Danger to the marketplace position
• Removal of brand Uniqueness
• Removal of the excellent store experience.
• Danger of decline in elite sales.

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

Another choice that the business might think about, is to broaden towards the global markets without closing its domestic shops that contributes to the huge part of revenues of the company. The advantages and disadvantages related to Alternative 3 are given listed below;

Pros:

• Decreasing competition risk
• Access to the world markets
• Increasing the size of customer base
• Large Incomes
• Expedition of brand-new international markets.
• Increase in profits from worldwide markets.
• Profits diversification.
• Step towards being a strong international brand.

Cons:

• Continuation of problems related to variety.
• Differences in cultures might led to a failure of the brand name especially in Asian countries.
• Low earnings at initial levels.
• Increase in marketing expenditures to get market share.



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