Recommendations of What Is A Global Manager Case Solution
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Recommendations of What Is A Global Manager Case Study Analysis
On the basis of above internal and external analysis of the company along with the assessment of numerous options, the business is suggested to think about alternative 3. As alternative 3 would permit the company to expand in worldwide markets without any decrease in its local incomes and any wear and tear of its market position. The company could pursue alternative 1 which would enable the company to focus on possible international markets rather than the local markets however as the business is highly dependent on the local markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the significant decrease in business's profits.
Aletrnative-1: Expanding International Brick and Recommendations of What Is A Global Manager Case Help Stores
The business has a long term market position in US which can not be created quickly in the new markets. The choice would assist the company to broaden in global markets along with the removal of problems raised in its local markets related to its variety.
Pros:
• Exploration of new international markets.
• Boost in revenue from worldwide markets.
• Elimination of problems related to diversity.
• Revenue diversity.
• Step towards being a strong global brand.
Cons:
• Loss of comprehensive earnings from the local markets.
• Boost in competitors.
• Differences in cultures might led to a failure of the brand especially in Asian nations.
• Low profits at initial levels.
• Boost in marketing expenditures to acquire market share.
Alternative-2: Introduction of Click and Recommendations of What Is A Global Manager Case Help Stores
With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might pose an extreme threat to the market share of business. In this scenario the business could think about presenting Click and Recommendations of What Is A Global Manager Case Solution shops. These stores with a low requirement of funds to settle would allow the company to reach worldwide markets, without ending its domestic shops.
Pros:
• Low financial investment
• Lowering competitors danger
• Access to the world markets
• Enlarging customer base
• Easy to handle
• Large Earnings
• Low Operating Costs
• Easy brand-new market entryway
Cons:
• Hazard to the market position
• Removal of brand Individuality
• Elimination of the fantastic store experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another choice that the company might consider, is to expand towards the international markets without closing its domestic stores that contributes to the major part of revenues of the company. The pros and cons associated with Alternative 3 are given listed below;
Pros:
• Decreasing competition threat
• Access to the world markets
• Enlarging consumer base
• Large Earnings
• Expedition of brand-new global markets.
• Boost in profits from worldwide markets.
• Earnings diversification.
• Step towards being a strong global brand name.
Cons:
• Extension of problems associated with diversity.
• Distinctions in cultures could resulted in a failure of the brand name especially in Asian countries.
• Low incomes at preliminary levels.
• Boost in marketing expenditures to acquire market share.
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