Recommendations of Becton Dickinson: Worldwide Blood Collection Team Case Solution

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Recommendations of Becton Dickinson: Worldwide Blood Collection Team Case Study Analysis

On the basis of above internal and external analysis of the business along with the examination of numerous options, the business is advised to consider alternative 3. As alternative 3 would permit the company to broaden in international markets without any decrease in its local earnings and any degeneration of its market position. The business might pursue alternative 1 which would allow the company to focus on prospective global markets rather than the regional markets but as the company is extremely reliant on the regional markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the considerable decline in business's profits.

Aletrnative-1: Expanding International Brick and Recommendations of Becton Dickinson: Worldwide Blood Collection Team Case Solution Stores

The business has a long term market position in US which can not be produced quickly in the brand-new markets. The choice would help the company to broaden in international markets along with the elimination of concerns raised in its local markets related to its diversity.

Pros:

• Exploration of new international markets.
• Boost in earnings from worldwide markets.
• Removal of concerns associated with diversity.
• Revenue diversity.
• Action towards being a strong international brand name.

Cons:

• Loss of extensive earnings from the regional markets.
• Increase in competition.
• Differences in cultures could resulted in a failure of the brand particularly in Asian countries.
• Low revenues at initial levels.
• Increase in marketing expenditures to get market share.

Alternative-2: Introduction of Click and Recommendations of Becton Dickinson: Worldwide Blood Collection Team Case Help Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. could pose a serious risk to the market share of company. In this circumstance the company could consider presenting Click and Recommendations of Becton Dickinson: Worldwide Blood Collection Team Case Solution shops. These stores with a low requirement of funds to settle would make it possible for the company to reach worldwide markets, without ending its domestic shops.

Pros:

• Low financial investment
• Reducing competition danger
• Access to the world markets
• Expanding customer base
• Easy to manage
• Large Earnings
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Risk to the market position
• Removal of brand name Uniqueness
• Elimination of the great shop experience.
• Threat of decline in elite sales.

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

Another option that the company could consider, is to expand towards the global markets without closing its domestic shops that adds to the huge part of earnings of the company. The benefits and drawbacks connected to Alternative 3 are offered listed below;

Pros:

• Lowering competition risk
• Access to the world markets
• Enlarging consumer base
• Large Revenues
• Expedition of brand-new global markets.
• Increase in income from international markets.
• Revenue diversification.
• Action towards being a strong worldwide brand name.

Cons:

• Continuation of concerns connected to diversity.
• Differences in cultures might resulted in a failure of the brand name specifically in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to acquire market share.



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