Recommendations of International Rivers Network And The Bujagali Dam Project (A And B) Case Solution
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Recommendations of International Rivers Network And The Bujagali Dam Project (A And B) Case Study Analysis
On the basis of above internal and external analysis of the business in addition to the evaluation of numerous options, the business is recommended to consider alternative 3. As alternative 3 would allow the company to expand in global markets without any reduction in its regional profits and any degeneration of its market position. By considering Alternative 3, the business might preserve its store experience and brand name originality. Nevertheless, it might also consider alternative 2 that might allow the company to access the marketplaces without any prospective investment. Although, the business could pursue alternative 1 which would allow the company to concentrate on possible global markets rather than the local markets but as the company is extremely dependent on the local markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the significant decrease in company's profits. Therefore, the business is suggested to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of International Rivers Network And The Bujagali Dam Project (A And B) Case Solution Stores
Growth towards international markets through opening new shops in other Europe and Asian countries with closing domestic stores is although a great option for increasing the international presence of the business. However, the closing of domestic stores could highly impact the profits of the company as above 90% of its stores are located locally and closing those stores would ultimately decrease the earnings of the firm. Furthermore, the business has a long term market position in US which can not be generated soon in the new markets. The alternative would help the business to expand in global markets in addition to the removal of issues raised in its local markets associated with its diversity. The pros and Cons for Alternative 1 are listed below;
Pros:
• Exploration of brand-new international markets.
• Boost in earnings from international markets.
• Removal of problems connected to variety.
• Income diversity.
• Action towards being a strong worldwide brand.
Cons:
• Loss of extensive revenues from the local markets.
• Increase in competitors.
• Distinctions in cultures could resulted in a failure of the brand particularly in Asian nations.
• Low profits at preliminary levels.
• Boost in marketing expenses to acquire market share.
Alternative-2: Introduction of Click and Recommendations of International Rivers Network And The Bujagali Dam Project (A And B) Case Analysis Stores
With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. could present a serious danger to the market share of business. In this circumstance the business might consider introducing Click and Recommendations of International Rivers Network And The Bujagali Dam Project (A And B) Case Help shops. These shops with a low requirement of funds to settle would enable the company to reach international markets, without ending its domestic stores.
Pros:
• Low investment
• Decreasing competition danger
• Access to the world markets
• Increasing the size of customer base
• Easy to handle
• Large Incomes
• Low Operating Expense
• Easy new market entrance
Cons:
• Hazard to the market position
• Elimination of brand Uniqueness
• Removal of the excellent store experience.
• Threat of decrease in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the company might consider, is to broaden towards the worldwide markets without closing its domestic stores that contributes to the major part of revenues of the company. The pros and cons connected to Alternative 3 are given below;
Pros:
• Reducing competition risk
• Access to the world markets
• Expanding consumer base
• Big Incomes
• Exploration of new worldwide markets.
• Increase in earnings from international markets.
• Revenue diversification.
• Action towards being a strong worldwide brand name.
Cons:
• Extension of problems related to variety.
• Differences in cultures might resulted in a failure of the brand name specifically in Asian countries.
• Low incomes at initial levels.
• Increase in marketing expenditures to get market share.
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