Recommendations of Paul Levy: Taking Charge Of The Beth Israel Deaconess Medical Center (C) Case Analysis

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Recommendations of Paul Levy: Taking Charge Of The Beth Israel Deaconess Medical Center (C) Case Study Help

On the basis of above internal and external analysis of the business in addition to the evaluation of numerous options, the business is suggested to consider alternative 3. As alternative 3 would permit the company to broaden in worldwide markets with no reduction in its regional profits and any degeneration of its market position. By considering Alternative 3, the business could maintain its store experience and brand name individuality. It could likewise think about alternative 2 that could permit the business to access the markets without any possible investment. The company might pursue alternative 1 which would enable the company to focus on potential international markets rather than the local markets but as the business is extremely reliant on the local markets with 90% of its stores in the US, there fore pursuing option 1 would result in the considerable decline in company's profits. The business is suggested to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Paul Levy: Taking Charge Of The Beth Israel Deaconess Medical Center (C) Case Help Stores

Expansion towards worldwide markets through opening new shops in other Europe and Asian countries with closing domestic stores is although a good choice for increasing the global presence of the company. The closing of domestic stores might extremely impact the earnings of the firm as above 90% of its shops are situated domestically and closing those stores would eventually reduce the earnings of the company. Additionally, the company has a long term market position in United States which can not be produced quickly in the brand-new markets. The option would help the business to broaden in worldwide markets along with the elimination of problems raised in its local markets related to its diversity. The advantages and disadvantages for Alternative 1 are listed below;

Pros:

• Expedition of brand-new worldwide markets.
• Increase in profits from worldwide markets.
• Removal of issues associated with diversity.
• Earnings diversification.
• Step towards being a strong global brand name.

Cons:

• Loss of substantial incomes from the regional markets.
• Boost in competition.
• Distinctions in cultures might resulted in a failure of the brand name particularly in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenditures to get market share.

Alternative-2: Introduction of Click and Recommendations of Paul Levy: Taking Charge Of The Beth Israel Deaconess Medical Center (C) Case Analysis Stores

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. might posture a serious danger to the market share of company. In this situation the company might think about introducing Click and Recommendations of Paul Levy: Taking Charge Of The Beth Israel Deaconess Medical Center (C) Case Help stores. These shops with a low requirement of funds to settle would allow the company to reach worldwide markets, without ending its domestic stores.

Pros:

• Low financial investment
• Lowering competitors hazard
• Access to the world markets
• Enlarging customer base
• Easy to handle
• Large Revenues
• Low Operating Expense
• Easy brand-new market entrance

Cons:

• Danger to the market position
• Elimination of brand Uniqueness
• Elimination of the fantastic shop experience.
• Risk of decrease in elite sales.

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

Another choice that the company might think about, is to broaden towards the worldwide markets without closing its domestic stores that contributes to the major part of profits of the company. The benefits and drawbacks related to Alternative 3 are given below;

Pros:

• Reducing competition danger
• Access to the world markets
• Increasing the size of consumer base
• Big Profits
• Exploration of brand-new global markets.
• Increase in revenue from global markets.
• Profits diversification.
• Step towards being a strong global brand name.

Cons:

• Extension of concerns related to diversity.
• Distinctions in cultures could caused a failure of the brand specifically in Asian countries.
• Low earnings at preliminary levels.
• Increase in marketing expenses to acquire market share.



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