Recommendations of Euro Takeover! 2005 (E): Omnibank Omnigroup Plc Case Solution

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Recommendations of Euro Takeover! 2005 (E): Omnibank Omnigroup Plc Case Study Solution

RecommendationsOn the basis of above internal and external analysis of the business in addition to the assessment of different options, the company is recommended to consider alternative 3. As alternative 3 would enable the company to broaden in global markets with no reduction in its regional profits and any deterioration of its market position. By thinking about Alternative 3, the company could maintain its store experience and brand name individuality. It might also think about alternative 2 that could permit the business to access the markets without any potential investment. The company might pursue alternative 1 which would make it possible for the company to focus on possible global markets rather than the regional markets but as the company is highly reliant on the local markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the significant decline in business's profits. The company is recommended to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Euro Takeover! 2005 (E): Omnibank Omnigroup Plc Case Help Stores

International SegmentsThe business has a long term market position in US which can not be produced quickly in the new markets. The option would help the company to broaden in global markets along with the removal of issues raised in its local markets related to its variety.

Pros:

• Exploration of new worldwide markets.
• Boost in profits from worldwide markets.
• Elimination of issues associated with diversity.
• Earnings diversification.
• Action towards being a strong worldwide brand name.

Cons:

• Loss of substantial profits from the local markets.
• Boost in competitors.
• Distinctions in cultures could caused a failure of the brand especially in Asian countries.
• Low profits at preliminary levels.
• Increase in marketing expenditures to get market share.

Alternative-2: Introduction of Click and Recommendations of Euro Takeover! 2005 (E): Omnibank Omnigroup Plc Case Help Stores

Alternative 2 consists of the intro of online market locations through creating an appropriate business's site. With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on could pose a severe hazard to the marketplace share of company. The competitors are moving towards click and Recommendations of Euro Takeover! 2005 (E): Omnibank Omnigroup Plc Case Solution stores with Space presenting Piperline. This shift towards online markets might reduce the incomes for business. In this situation the business could consider introducing Click and Recommendations of Euro Takeover! 2005 (E): Omnibank Omnigroup Plc Case Analysis stores. These stores with a low requirement of funds to settle would allow the business to reach international markets, without ending its domestic stores. The benefits and drawbacks of alternative 2 are given as follows;

Pros:

• Low financial investment
• Minimizing competitors hazard
• Access to the world markets
• Increasing the size of customer base
• Easy to handle
• Big Earnings
• Low Operating Expense
• Easy new market entryway

Cons:

• Hazard to the marketplace position
• Removal of brand name Uniqueness
• Elimination of the excellent store experience.
• Threat of decline in elite sales.

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

Another option that the company could think about, is to broaden towards the worldwide markets without closing its domestic stores that contributes to the major part of earnings of the business. The benefits and drawbacks connected to Alternative 3 are given below;

Pros:

• Lowering competitors risk
• Access to the world markets
• Enlarging customer base
• Large Earnings
• Expedition of new international markets.
• Increase in profits from global markets.
• Earnings diversity.
• Step towards being a strong worldwide brand.

Cons:

• Extension of concerns related to variety.
• Distinctions in cultures might resulted in a failure of the brand name specifically in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to gain market share.



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