Recommendations of Zensar: The Future Of Vision Communities (A) Case Help
Home >> Harvard Business School >> Zensar: The Future Of Vision Communities (A) >> Recommendations
Recommendations of Zensar: The Future Of Vision Communities (A) Case Study Analysis
On the basis of above internal and external analysis of the company in addition to the examination of different alternatives, the business is suggested to think about alternative 3. As alternative 3 would allow the company to broaden in global markets without any reduction in its regional revenues and any wear and tear of its market position. By thinking about Alternative 3, the company could preserve its shop experience and brand uniqueness. It could likewise consider alternative 2 that could enable the company to access the markets without any prospective investment. Although, the company might pursue alternative 1 which would make it possible for the company to focus on potential global markets rather than the local markets but as the company is extremely dependent on the local markets with 90% of its stores in the United States, there fore pursuing option 1 would lead to the substantial decrease in business's income. For that reason, the company is recommended to think about alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Zensar: The Future Of Vision Communities (A) Case Solution Stores
The company has a long term market position in United States which can not be generated quickly in the new markets. The option would assist the company to broaden in international markets along with the elimination of problems raised in its regional markets related to its diversity.
Pros:
• Expedition of new international markets.
• Increase in income from worldwide markets.
• Elimination of concerns connected to diversity.
• Revenue diversity.
• Action towards being a strong global brand name.
Cons:
• Loss of substantial profits from the local markets.
• Increase in competitors.
• Distinctions in cultures could caused a failure of the brand specifically in Asian nations.
• Low incomes at preliminary levels.
• Boost in marketing expenditures to gain market share.
Alternative-2: Introduction of Click and Recommendations of Zensar: The Future Of Vision Communities (A) Case Solution Stores
Alternative 2 consists of the intro of online market places through creating an appropriate company's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on could posture a serious danger to the market share of company. The competitors are moving towards click and Recommendations of Zensar: The Future Of Vision Communities (A) Case Help stores with Space presenting Piperline. This shift towards online markets could reduce the profits for business. In this situation the company might think about introducing Click and Recommendations of Zensar: The Future Of Vision Communities (A) Case Help 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. The pros and cons of alternative 2 are offered as follows;
Pros:
• Low financial investment
• Decreasing competitors danger
• Access to the world markets
• Expanding consumer base
• Easy to handle
• Big Revenues
• Low Operating Expense
• Easy brand-new market entryway
Cons:
• Danger to the marketplace position
• Removal of brand Uniqueness
• Elimination of the excellent shop experience.
• Risk of decrease in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the company might think about, is to expand towards the international markets without closing its domestic shops that contributes to the major part of incomes of the company. The advantages and disadvantages associated with Alternative 3 are given listed below;
Pros:
• Decreasing competitors hazard
• Access to the world markets
• Increasing the size of customer base
• Big Revenues
• Expedition of new global markets.
• Boost in revenue from international markets.
• Earnings diversity.
• Action towards being a strong international brand.
Cons:
• Extension of concerns associated with diversity.
• Differences in cultures could led to a failure of the brand specifically in Asian nations.
• Low earnings at preliminary levels.
• Increase in marketing expenditures 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.