Recommendations of 1720 John Law And The Mississippi Bubble (B) Case Analysis
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Recommendations of 1720 John Law And The Mississippi Bubble (B) Case Study Analysis
On the basis of above internal and external analysis of the company along with the examination of various alternatives, the company is recommended to consider alternative 3. As alternative 3 would permit the company to broaden in global markets with no reduction in its regional earnings and any wear and tear of its market position. By thinking about Alternative 3, the business could preserve its shop experience and brand originality. Nevertheless, it might also consider alternative 2 that might enable the company to access the marketplaces with no possible financial investment. Although, the company might pursue alternative 1 which would allow the company to focus on prospective international markets rather than the regional markets but as the company is extremely based on the regional markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the significant decline in business's revenue. The company is recommended to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of 1720 John Law And The Mississippi Bubble (B) Case Solution 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 global markets along with the elimination of issues raised in its local markets related to its variety.
Pros:
• Exploration of brand-new global markets.
• Increase in revenue from worldwide markets.
• Elimination of issues related to diversity.
• Income diversity.
• Step towards being a strong global brand name.
Cons:
• Loss of extensive earnings from the regional markets.
• Boost in competitors.
• Differences in cultures might caused a failure of the brand particularly in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenditures to acquire market share.
Alternative-2: Introduction of Click and Recommendations of 1720 John Law And The Mississippi Bubble (B) Case Solution Stores
Alternative 2 includes the intro of online market places through creating a proper business's website. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. might posture a serious risk to the marketplace share of company. Furthermore, the rivals are shifting towards click and Recommendations of 1720 John Law And The Mississippi Bubble (B) Case Analysis shops with Gap presenting Piperline. This shift towards online markets might minimize the incomes for business. In this situation the business might think about presenting Click and Recommendations of 1720 John Law And The Mississippi Bubble (B) Case Solution shops. These shops with a low requirement of funds to settle would make it possible for the company to reach international markets, without ending its domestic stores. The benefits and drawbacks of option 2 are given as follows;
Pros:
• Low financial investment
• Minimizing competitors threat
• Access to the world markets
• Expanding customer base
• Easy to handle
• Large Profits
• Low Operating Expense
• Easy new market entryway
Cons:
• Threat to the market position
• Removal of brand Originality
• 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 broaden towards the worldwide markets without closing its domestic shops that contributes to the major part of earnings of the company. The pros and cons associated with Alternative 3 are given below;
Pros:
• Decreasing competition risk
• Access to the world markets
• Enlarging consumer base
• Big Earnings
• Expedition of brand-new worldwide markets.
• Boost in profits from international markets.
• Profits diversity.
• Action towards being a strong global brand.
Cons:
• Continuation of problems associated with diversity.
• Distinctions in cultures could resulted in a failure of the brand name especially in Asian nations.
• Low profits at preliminary levels.
• Boost in marketing expenditures to gain market share.
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