Recommendations of Ciscos Strategy In Recessionary Times Case Analysis
Home >> Ibs Center For Management Research >> Ciscos Strategy In Recessionary Times >> Recommendations
Recommendations of Ciscos Strategy In Recessionary Times Case Study Help
On the basis of above internal and external analysis of the company along with the assessment of different alternatives, the company is suggested to consider alternative 3. As alternative 3 would enable the company to broaden in global markets with no decrease in its regional profits and any degeneration of its market position. By considering Alternative 3, the company could preserve its store experience and brand name originality. It could also consider alternative 2 that might enable the business to access the markets without any prospective financial investment. Although, the company might pursue alternative 1 which would make it possible for the company to concentrate on potential worldwide markets rather than the regional markets but as the company is highly dependent on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would lead to the considerable decrease in business's income. For that reason, the company is advised to think about alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Ciscos Strategy In Recessionary Times Case Solution Stores
The business has a long term market position in US which can not be generated soon in the new markets. The alternative would assist the business to expand in international markets along with the elimination of issues raised in its regional markets related to its variety.
Pros:
• Expedition of new international markets.
• Increase in income from international markets.
• Elimination of concerns connected to variety.
• Earnings diversification.
• Action towards being a strong international brand name.
Cons:
• Loss of extensive profits from the regional markets.
• Boost in competition.
• Differences in cultures might led to a failure of the brand specifically in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenditures to gain market share.
Alternative-2: Introduction of Click and Recommendations of Ciscos Strategy In Recessionary Times Case Analysis Stores
Alternative 2 includes the introduction of online market places through generating a correct company's site. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. could position a serious hazard to the market share of company. The competitors are moving towards click and Recommendations of Ciscos Strategy In Recessionary Times Case Help stores with Space presenting Piperline. This shift towards online markets might decrease the incomes for company. In this circumstance the company could consider introducing Click and Recommendations of Ciscos Strategy In Recessionary Times Case Solution stores. These shops with a low requirement of funds to settle would make it possible for the company to reach worldwide markets, without ending its domestic stores. The advantages and disadvantages of alternative 2 are given as follows;
Pros:
• Low investment
• Minimizing competitors danger
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Large Incomes
• Low Operating Expense
• Easy brand-new market entrance
Cons:
• Threat to the marketplace position
• Elimination of brand name Individuality
• Removal of the excellent store experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another choice that the business could think about, is to broaden towards the global markets without closing its domestic stores that adds to the major part of profits of the business. The pros and cons related to Alternative 3 are given below;
Pros:
• Minimizing competition threat
• Access to the world markets
• Enlarging customer base
• Big Earnings
• Expedition of new international markets.
• Increase in earnings from international markets.
• Earnings diversity.
• Action towards being a strong worldwide brand name.
Cons:
• Continuation of concerns associated with diversity.
• Differences in cultures might led to a failure of the brand name especially in Asian nations.
• Low profits at preliminary levels.
• Boost in marketing expenditures to get 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.