Recommendations of Note On Scenario Planning Case Solution

Home >> Harvard Business School >> Note On Scenario Planning >> Recommendations

Recommendations of Note On Scenario Planning Case Study Analysis

On the basis of above internal and external analysis of the business together with the assessment of various alternatives, the business is suggested to think about alternative 3. As alternative 3 would permit the company to broaden in worldwide markets without any reduction in its local incomes and any deterioration of its market position. By thinking about Alternative 3, the business might maintain its shop experience and brand originality. However, it might likewise think about alternative 2 that might permit the company to access the markets without any prospective financial investment. Although, the business could pursue alternative 1 which would enable the business to focus on potential worldwide markets instead of the regional markets but as the company is extremely dependent on the regional markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the substantial decrease in business's income. The company is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Note On Scenario Planning Case Help Stores

The business has a long term market position in United States which can not be generated quickly in the brand-new markets. The choice would assist the company to expand in global markets along with the removal of concerns raised in its local markets related to its diversity.

Pros:

• Expedition of new worldwide markets.
• Boost in revenue from worldwide markets.
• Removal of issues connected to diversity.
• Earnings diversification.
• Step towards being a strong global brand name.

Cons:

• Loss of extensive profits from the regional markets.
• Boost in competition.
• Differences in cultures could caused a failure of the brand name particularly in Asian countries.
• Low profits at initial levels.
• Boost in marketing expenses to gain market share.

Alternative-2: Introduction of Click and Recommendations of Note On Scenario Planning Case Solution Stores

With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on might pose an extreme danger to the market share of company. In this scenario the company could think about introducing Click and Recommendations of Note On Scenario Planning Case Help stores. These shops with a low requirement of funds to settle would allow the business to reach worldwide markets, without ending its domestic shops.

Pros:

• Low investment
• Decreasing competition threat
• Access to the world markets
• Enlarging consumer base
• Easy to manage
• Big Earnings
• Low Operating Costs
• Easy new market entryway

Cons:

• Danger to the market position
• Elimination of brand Individuality
• Elimination of the fantastic store experience.
• Danger of decrease in elite sales.

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

Another option that the company could think about, is to broaden towards the international markets without closing its domestic stores that contributes to the major part of profits of the company. The advantages and disadvantages associated with Alternative 3 are given below;

Pros:

• Reducing competitors risk
• Access to the world markets
• Expanding consumer base
• Large Revenues
• Exploration of new international markets.
• Increase in income from international markets.
• Earnings diversity.
• Step towards being a strong international brand name.

Cons:

• Extension of problems associated with variety.
• Differences in cultures might caused a failure of the brand name particularly in Asian countries.
• Low incomes 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.