Recommendations of Dows Bid For Rohm And Haas Case Help
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Recommendations of Dows Bid For Rohm And Haas Case Study Help
On the basis of above internal and external analysis of the company together with the assessment of different alternatives, the business is recommended to consider alternative 3. As alternative 3 would allow the company to expand in worldwide markets without any reduction in its regional revenues and any degeneration of its market position. By considering Alternative 3, the company might preserve its shop experience and brand individuality. It could likewise consider alternative 2 that might permit the company to access the markets without any possible financial investment. Although, the business might pursue alternative 1 which would make it possible for the company to concentrate on possible worldwide markets rather than the regional markets however as the business is highly dependent on the regional markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the substantial decline in business's income. For that reason, the business is suggested to think about alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Dows Bid For Rohm And Haas Case Analysis Stores
Expansion towards worldwide markets through opening new stores in other Europe and Asian countries with closing domestic shops is although a good alternative for increasing the global existence of the company. The closing of domestic shops could highly affect the incomes of the firm as above 90% of its shops are located locally and closing those shops would ultimately lower the revenues of the company. Furthermore, the business has a long term market position in US which can not be generated soon in the brand-new markets. The choice would help the company to broaden in worldwide markets together with the removal of concerns raised in its local markets related to its variety. The advantages and disadvantages for Option 1 are listed below;
Pros:
• Expedition of new worldwide markets.
• Increase in earnings from global markets.
• Elimination of issues related to variety.
• Profits diversity.
• Step towards being a strong worldwide brand name.
Cons:
• Loss of comprehensive profits from the regional markets.
• Boost in competition.
• Distinctions in cultures might resulted in a failure of the brand name specifically in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenses to get market share.
Alternative-2: Introduction of Click and Recommendations of Dows Bid For Rohm And Haas Case Help Stores
With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on could present a severe danger to the market share of company. In this situation the business could consider presenting Click and Recommendations of Dows Bid For Rohm And Haas Case Help stores. These shops with a low requirement of funds to settle would make it possible for the business to reach worldwide markets, without ending its domestic stores.
Pros:
• Low financial investment
• Decreasing competitors risk
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Big Earnings
• Low Operating Expense
• Easy new market entrance
Cons:
• Threat to the marketplace position
• Elimination of brand Uniqueness
• Removal of the great store experience.
• Threat of decrease in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the business could think about, is to expand towards the global markets without closing its domestic shops that contributes to the major part of earnings of the business. The advantages and disadvantages associated with Alternative 3 are given below;
Pros:
• Decreasing competitors danger
• Access to the world markets
• Increasing the size of customer base
• Large Earnings
• Expedition of new worldwide markets.
• Boost in income from global markets.
• Earnings diversity.
• Step towards being a strong worldwide brand name.
Cons:
• Extension of concerns connected to variety.
• Distinctions in cultures might caused a failure of the brand name particularly in Asian nations.
• Low earnings at preliminary levels.
• Increase in marketing expenses to acquire market share.
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