Recommendations of Takeover! 1997 (E): Omnigroup Corporation Omnibank Na Case Solution

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Recommendations of Takeover! 1997 (E): Omnigroup Corporation Omnibank Na Case Study Help

On the basis of above internal and external analysis of the business along with the evaluation of different alternatives, the business is recommended to think about alternative 3. As alternative 3 would allow the company to expand in worldwide markets without any reduction in its local profits and any wear and tear of its market position. The business might pursue alternative 1 which would enable the company to focus on possible international markets rather than the local markets however as the company is extremely reliant on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the considerable decrease in business's revenue.

Aletrnative-1: Expanding International Brick and Recommendations of Takeover! 1997 (E): Omnigroup Corporation Omnibank Na Case Help Stores

The business has a long term market position in US which can not be created quickly in the brand-new markets. The alternative would assist the business to broaden in worldwide markets along with the removal of issues raised in its local markets related to its variety.

Pros:

• Expedition of brand-new worldwide markets.
• Boost in revenue from worldwide markets.
• Elimination of issues related to variety.
• Revenue diversification.
• Action towards being a strong international brand.

Cons:

• Loss of extensive incomes from the local markets.
• Increase in competitors.
• Distinctions in cultures might resulted in a failure of the brand name particularly in Asian countries.
• Low profits at preliminary levels.
• Increase in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Takeover! 1997 (E): Omnigroup Corporation Omnibank Na Case Help Stores

Alternative 2 includes the intro of online market places through generating a proper company's site. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. could present a serious hazard to the marketplace share of company. Moreover, the rivals are shifting towards click and Recommendations of Takeover! 1997 (E): Omnigroup Corporation Omnibank Na Case Solution stores with Space presenting Piperline. This shift towards online markets could lower the profits for business. In this scenario the company could think about presenting Click and Recommendations of Takeover! 1997 (E): Omnigroup Corporation Omnibank Na Case Analysis stores. These shops with a low requirement of funds to settle would make it possible for the business to reach international markets, without ending its domestic stores. The pros and cons of option 2 are provided as follows;

Pros:

• Low investment
• Decreasing competition risk
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Large Earnings
• Low Operating Expense
• Easy new market entryway

Cons:

• Threat to the market position
• Elimination of brand Uniqueness
• Elimination of the great store experience.
• Threat of decline 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 worldwide markets without closing its domestic shops that contributes to the huge part of profits of the business. The pros and cons related to Alternative 3 are given below;

Pros:

• Reducing competition hazard
• Access to the world markets
• Enlarging customer base
• Big Earnings
• Exploration of new international markets.
• Increase in earnings from international markets.
• Income diversity.
• Step towards being a strong global brand.

Cons:

• Extension of concerns related to diversity.
• Distinctions in cultures might resulted in a failure of the brand especially in Asian nations.
• Low profits at initial levels.
• Boost in marketing expenses to acquire market share.



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