Recommendations of Can A Strong Culture Be Too Strong Hbr Case Study Case Help
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Recommendations of Can A Strong Culture Be Too Strong Hbr Case Study Case Study Analysis
On the basis of above internal and external analysis of the company in addition to the evaluation of different options, the company is advised to consider alternative 3. As alternative 3 would permit the business to broaden in global markets without any decrease in its local revenues and any deterioration of its market position. By thinking about Alternative 3, the company could preserve its store experience and brand name individuality. It could likewise think about alternative 2 that might enable the business to access the markets without any potential investment. Although, the company could pursue alternative 1 which would enable the company to focus on possible global markets rather than the local markets however as the business is highly based on the regional markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the substantial decline in business's income. Therefore, the company is advised to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Can A Strong Culture Be Too Strong Hbr Case Study Case Help Stores
Expansion towards international markets through opening new shops in other Europe and Asian nations with closing domestic stores is although an excellent option for increasing the worldwide presence of the business. The closing of domestic shops could extremely impact the earnings of the company as above 90% of its stores are located locally and closing those shops would eventually lower the earnings of the company. The company has a long term market position in United States which can not be generated soon in the brand-new markets. The alternative would assist the company to broaden in worldwide markets along with the removal of issues raised in its local markets connected to its variety. The pros and Cons for Option 1 are listed below;
Pros:
• Expedition of new global markets.
• Boost in profits from worldwide markets.
• Removal of issues associated with variety.
• Profits diversification.
• Action towards being a strong international brand.
Cons:
• Loss of substantial earnings from the regional markets.
• Increase in competitors.
• Distinctions in cultures could resulted in a failure of the brand name especially in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenditures to gain market share.
Alternative-2: Introduction of Click and Recommendations of Can A Strong Culture Be Too Strong Hbr Case Study Case Solution Stores
With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on could present a serious hazard to the market share of company. In this circumstance the company might think about presenting Click and Recommendations of Can A Strong Culture Be Too Strong Hbr Case Study Case Solution shops. These stores with a low requirement of funds to settle would enable the company to reach global markets, without ending its domestic stores.
Pros:
• Low investment
• Decreasing competitors threat
• Access to the world markets
• Increasing the size of consumer base
• Easy to handle
• Large Incomes
• Low Operating Costs
• Easy brand-new market entryway
Cons:
• Risk to the market position
• Elimination of brand name Individuality
• Removal of the great store experience.
• Danger of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another choice that the company could think about, is to broaden towards the worldwide markets without closing its domestic shops that contributes to the huge part of profits of the company. The benefits and drawbacks related to Alternative 3 are given below;
Pros:
• Lowering competition threat
• Access to the world markets
• Enlarging customer base
• Big Revenues
• Expedition of brand-new global markets.
• Boost in earnings from international markets.
• Revenue diversification.
• Action towards being a strong global brand name.
Cons:
• Extension of concerns related to variety.
• Differences in cultures could led to a failure of the brand especially in Asian nations.
• Low revenues at initial levels.
• Increase in marketing expenses to get market share.
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