Recommendations of Consumer-Driven Six Sigma At Ford Case Help

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Recommendations of Consumer-Driven Six Sigma At Ford Case Study Solution

On the basis of above internal and external analysis of the company together with the examination of various alternatives, the business is advised to consider alternative 3. As alternative 3 would allow the business to expand in global markets without any reduction in its regional earnings and any wear and tear of its market position. By considering Alternative 3, the company could keep its store experience and brand individuality. It could likewise consider alternative 2 that could enable the business to access the markets without any possible investment. The company might pursue alternative 1 which would enable the company to focus on potential worldwide markets rather than the regional markets however as the business is highly reliant on the local markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the considerable decrease in company's revenue. The business is suggested to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Consumer-Driven Six Sigma At Ford Case Analysis Stores

The company has a long term market position in United States which can not be produced soon in the new markets. The choice would assist the business to broaden in worldwide markets along with the removal of concerns raised in its regional markets related to its diversity.

Pros:

• Expedition of brand-new worldwide markets.
• Increase in profits from international markets.
• Removal of issues associated with diversity.
• Profits diversification.
• Action towards being a strong global brand name.

Cons:

• Loss of substantial revenues from the local markets.
• Increase in competitors.
• Differences in cultures could caused a failure of the brand name particularly in Asian nations.
• Low profits at preliminary levels.
• Increase in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Consumer-Driven Six Sigma At Ford Case Analysis Stores

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. could posture a serious risk to the market share of business. In this situation the business could consider presenting Click and Recommendations of Consumer-Driven Six Sigma At Ford Case Solution shops. These shops with a low requirement of funds to settle would enable the company to reach international markets, without ending its domestic shops.

Pros:

• Low investment
• Lowering competition threat
• Access to the world markets
• Enlarging customer base
• Easy to handle
• Large Incomes
• Low Operating Costs
• Easy new market entryway

Cons:

• Risk to the market position
• Removal of brand name Uniqueness
• Removal of the great store experience.
• Risk of decrease in elite sales.

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

Another alternative that the company might think about, is to expand towards the international markets without closing its domestic stores that adds to the huge part of revenues of the business. The advantages and disadvantages associated with Alternative 3 are given listed below;

Pros:

• Minimizing competition risk
• Access to the world markets
• Enlarging customer base
• Big Profits
• Expedition of brand-new worldwide markets.
• Increase in income from global markets.
• Revenue diversity.
• Step towards being a strong worldwide brand name.

Cons:

• Continuation of problems related to variety.
• Differences in cultures might led to a failure of the brand particularly in Asian countries.
• Low incomes at initial levels.
• Boost in marketing expenditures to gain market share.



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