Recommendations of Ges Talent Machine: Immelts Next Steps Case Solution

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Recommendations of Ges Talent Machine: Immelts Next Steps Case Study Solution

On the basis of above internal and external analysis of the company along with the evaluation of numerous alternatives, the business is recommended to consider alternative 3. As alternative 3 would enable the business to broaden in worldwide markets with no reduction in its regional earnings and any degeneration of its market position. By considering Alternative 3, the company might preserve its shop experience and brand individuality. It might also think about alternative 2 that could enable the business to access the markets without any possible investment. The company could pursue alternative 1 which would make it possible for the company to focus on possible global markets rather than the regional markets however as the business 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. Therefore, the company is advised to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Ges Talent Machine: Immelts Next Steps Case Help Stores

Expansion towards international markets through opening new shops in other Europe and Asian countries with closing domestic stores is although an excellent choice for increasing the worldwide presence of the company. Nevertheless, the closing of domestic stores might highly impact the incomes of the firm as above 90% of its stores are located domestically and closing those shops would eventually decrease the incomes of the company. The company has a long term market position in US which can not be generated quickly in the brand-new markets. The option would assist the company to broaden in international markets along with the elimination of concerns raised in its regional markets connected to its diversity. The advantages and disadvantages for Alternative 1 are noted below;

Pros:

• Expedition of new international markets.
• Boost in earnings from global markets.
• Removal of concerns connected to diversity.
• Income diversity.
• Step towards being a strong worldwide brand.

Cons:

• Loss of comprehensive earnings from the regional markets.
• Boost in competitors.
• Distinctions in cultures could resulted in a failure of the brand especially in Asian countries.
• Low profits at preliminary levels.
• Boost in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Ges Talent Machine: Immelts Next Steps Case Solution Stores

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on could present an extreme danger to the market share of company. In this situation the company could think about presenting Click and Recommendations of Ges Talent Machine: Immelts Next Steps Case Help stores. These stores with a low requirement of funds to settle would make it possible for the business to reach international markets, without ending its domestic stores.

Pros:

• Low investment
• Reducing competitors hazard
• Access to the world markets
• Increasing the size of customer base
• Easy to handle
• Big Revenues
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Risk to the marketplace position
• Removal of brand name Originality
• Removal of the fantastic shop experience.
• Danger of decrease in elite sales.

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

Another alternative that the business could consider, is to expand towards the worldwide markets without closing its domestic shops that contributes to the major part of profits of the business. The benefits and drawbacks associated with Alternative 3 are provided below;

Pros:

• Decreasing competitors risk
• Access to the world markets
• Enlarging consumer base
• Big Profits
• Exploration of brand-new international markets.
• Boost in profits from global markets.
• Revenue diversity.
• Action towards being a strong worldwide brand.

Cons:

• Continuation of concerns related to variety.
• Distinctions in cultures could resulted in a failure of the brand name particularly in Asian nations.
• Low revenues at preliminary levels.
• Increase in marketing expenses to acquire market share.



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