Recommendations of Executing E-Business Strategies: The Ge Way Case Help

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Recommendations of Executing E-Business Strategies: The Ge Way Case Study Help

RecommendationsOn the basis of above internal and external analysis of the business along with the assessment of various alternatives, the company is suggested to consider alternative 3. As alternative 3 would enable the business to broaden in global markets without any reduction in its local profits and any wear and tear of its market position. The company could pursue alternative 1 which would enable the business to focus on prospective worldwide markets rather than the local markets however as the business is extremely reliant on the regional markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the substantial decrease in business's revenue.

Aletrnative-1: Expanding International Brick and Recommendations of Executing E-Business Strategies: The Ge Way Case Help Stores

International SegmentsThe company has a long term market position in United States which can not be generated soon in the brand-new markets. The choice would assist the company to broaden in global markets along with the elimination of concerns raised in its regional markets related to its diversity.

Pros:

• Exploration of brand-new worldwide markets.
• Boost in income from global markets.
• Elimination of concerns connected to variety.
• Revenue diversification.
• Step towards being a strong worldwide brand.

Cons:

• Loss of substantial revenues from the regional markets.
• Increase in competitors.
• Distinctions in cultures could resulted in a failure of the brand particularly in Asian countries.
• Low profits at preliminary levels.
• Increase in marketing expenses to gain market share.

Alternative-2: Introduction of Click and Recommendations of Executing E-Business Strategies: The Ge Way Case Analysis Stores

Alternative 2 consists of the introduction of online market locations through producing a correct company's website. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on could present a severe danger to the market share of company. Moreover, the competitors are moving towards click and Recommendations of Executing E-Business Strategies: The Ge Way Case Analysis stores with Space presenting Piperline. This shift towards online markets might reduce the profits for business. In this situation the business could consider introducing Click and Recommendations of Executing E-Business Strategies: The Ge Way Case Solution shops. These shops with a low requirement of funds to settle would enable the business to reach worldwide markets, without ending its domestic shops. The advantages and disadvantages of alternative 2 are provided as follows;

Pros:

• Low investment
• Decreasing competition threat
• Access to the world markets
• Increasing the size of consumer base
• Easy to handle
• Large Earnings
• Low Operating Expense
• Easy new market entrance

Cons:

• Threat to the market position
• Elimination of brand Individuality
• Elimination of the excellent store experience.
• Danger of decline in elite sales.

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

Another choice that the company might think about, is to expand towards the international markets without closing its domestic stores that adds to the major part of earnings of the business. The advantages and disadvantages related to Alternative 3 are offered below;

Pros:

• Reducing competition threat
• Access to the world markets
• Enlarging consumer base
• Large Earnings
• Expedition of brand-new global markets.
• Increase in income from international markets.
• Income diversity.
• Action towards being a strong international brand name.

Cons:

• Extension of concerns connected to variety.
• Distinctions in cultures might led to a failure of the brand name particularly in Asian nations.
• Low earnings at preliminary levels.
• Boost in marketing expenses to get market share.



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