Recommendations of Jack Hughes Founder And Chairman Of Topcoder In-Class Comments Case Solution

Home >> Harvard Business School >> Jack Hughes Founder And Chairman Of Topcoder In-Class Comments >> Recommendations

Recommendations of Jack Hughes Founder And Chairman Of Topcoder In-Class Comments Case Study Analysis

On the basis of above internal and external analysis of the business along with the examination of different options, the company is suggested to think about alternative 3. As alternative 3 would enable the company to expand in global markets without any reduction in its local profits and any deterioration of its market position. The business could pursue alternative 1 which would make it possible for the company to focus on potential global markets rather than the local markets however as the company is extremely reliant on the local markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the considerable decrease in company's income.

Aletrnative-1: Expanding International Brick and Recommendations of Jack Hughes Founder And Chairman Of Topcoder In-Class Comments Case Solution Stores

The business has a long term market position in US which can not be produced soon in the brand-new markets. The choice would assist the company to broaden in worldwide markets along with the elimination of concerns raised in its regional markets related to its variety.

Pros:

• Exploration of new global markets.
• Increase in profits from worldwide markets.
• Elimination of issues related to variety.
• Revenue diversification.
• Step towards being a strong worldwide brand name.

Cons:

• Loss of extensive incomes from the local markets.
• Increase in competitors.
• Differences in cultures could caused a failure of the brand name particularly in Asian nations.
• Low revenues at preliminary levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Jack Hughes Founder And Chairman Of Topcoder In-Class Comments Case Help Stores

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on could present an extreme threat to the market share of company. In this situation the company could consider introducing Click and Recommendations of Jack Hughes Founder And Chairman Of Topcoder In-Class Comments Case Solution stores. These stores with a low requirement of funds to settle would make it possible for the company to reach international markets, without ending its domestic shops.

Pros:

• Low investment
• Lowering competition risk
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Big Profits
• Low Operating Costs
• Easy new market entrance

Cons:

• Threat to the market position
• Elimination of brand name Individuality
• Removal of the fantastic shop experience.
• Risk 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 broaden towards the international markets without closing its domestic stores that adds to the huge part of profits of the business. The pros and cons associated with Alternative 3 are provided below;

Pros:

• Decreasing competitors hazard
• Access to the world markets
• Enlarging consumer base
• Large Earnings
• Expedition of brand-new international markets.
• Increase in income from international markets.
• Revenue diversity.
• Action towards being a strong worldwide brand name.

Cons:

• Extension of issues associated with variety.
• Distinctions in cultures might led to a failure of the brand name particularly in Asian nations.
• Low profits at initial levels.
• Increase in marketing expenses to gain market share.



This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.