Recommendations of Aditya Birla Group Redesigning To Become A Fortune 500 Company Case Analysis

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Recommendations of Aditya Birla Group Redesigning To Become A Fortune 500 Company Case Study Help

RecommendationsOn the basis of above internal and external analysis of the business along with the evaluation of various alternatives, the business is suggested to consider alternative 3. As alternative 3 would enable the company to broaden in international markets without any reduction in its local profits and any deterioration of its market position. The business might pursue alternative 1 which would make it possible for the company to focus on potential worldwide markets rather than the local markets but as the business is highly reliant on the local markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the significant decline in company's earnings.

Aletrnative-1: Expanding International Brick and Recommendations of Aditya Birla Group Redesigning To Become A Fortune 500 Company Case Analysis Stores

International SegmentsThe company has a long term market position in US which can not be created quickly in the new markets. The alternative would help the business to broaden in worldwide markets along with the elimination of concerns raised in its local markets related to its diversity.

Pros:

• Expedition of brand-new international markets.
• Increase in earnings from international markets.
• Elimination of concerns related to diversity.
• Income diversity.
• Action towards being a strong international brand.

Cons:

• Loss of extensive profits from the local markets.
• Boost in competitors.
• Differences in cultures might caused a failure of the brand name particularly in Asian countries.
• Low revenues at preliminary levels.
• Increase in marketing expenses to get market share.

Alternative-2: Introduction of Click and Recommendations of Aditya Birla Group Redesigning To Become A Fortune 500 Company Case Solution Stores

Alternative 2 includes the intro of online market locations through creating a correct company's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on could posture a severe threat to the marketplace share of business. The rivals are shifting towards click and Recommendations of Aditya Birla Group Redesigning To Become A Fortune 500 Company Case Analysis shops with Space introducing Piperline. This shift towards online markets might lower the earnings for business. In this scenario the company might consider presenting Click and Recommendations of Aditya Birla Group Redesigning To Become A Fortune 500 Company Case Help shops. These stores with a low requirement of funds to settle would make it possible for the business to reach global markets, without ending its domestic stores. The benefits and drawbacks of option 2 are offered as follows;

Pros:

• Low financial investment
• Lowering competitors danger
• Access to the world markets
• Increasing the size of customer base
• Easy to handle
• Large Earnings
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Hazard to the marketplace position
• Elimination of brand Uniqueness
• Removal of the fantastic shop experience.
• Risk of decline in elite sales.

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

Another alternative that the business might consider, is to broaden towards the worldwide markets without closing its domestic stores that adds to the major part of earnings of the business. The pros and cons connected to Alternative 3 are provided below;

Pros:

• Lowering competitors danger
• Access to the world markets
• Enlarging consumer base
• Big Incomes
• Exploration of brand-new worldwide markets.
• Boost in revenue from international markets.
• Profits diversity.
• Action towards being a strong worldwide brand name.

Cons:

• Continuation of issues associated with diversity.
• Distinctions in cultures could caused a failure of the brand specifically in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenditures to get market share.



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