Recommendations of Grameen Bank The Grameen General Credit System Case Help

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Recommendations of Grameen Bank The Grameen General Credit System Case Study Solution

On the basis of above internal and external analysis of the business along with the assessment of numerous options, the company is suggested to consider alternative 3. As alternative 3 would allow the company to broaden in worldwide markets without any reduction in its local revenues and any degeneration of its market position. The business could pursue alternative 1 which would allow the business to focus on prospective global markets rather than the regional markets but as the company is extremely reliant on the regional markets with 90% of its stores in the US, there fore pursuing option 1 would result in the considerable decline in company's revenue.

Aletrnative-1: Expanding International Brick and Recommendations of Grameen Bank The Grameen General Credit System Case Help Stores

The company has a long term market position in US which can not be produced soon in the new markets. The option would assist the business to expand in worldwide markets along with the elimination of problems raised in its local markets related to its variety.

Pros:

• Expedition of new global markets.
• Increase in earnings from global markets.
• Elimination of problems associated with variety.
• Revenue diversity.
• Action towards being a strong international brand.

Cons:

• Loss of substantial earnings from the regional markets.
• Increase in competition.
• Differences in cultures might resulted in a failure of the brand specifically in Asian countries.
• Low revenues at initial levels.
• Increase in marketing expenditures to get market share.

Alternative-2: Introduction of Click and Recommendations of Grameen Bank The Grameen General Credit System Case Solution Stores

Alternative 2 includes the introduction of online market places through generating a proper business's site. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on could pose a serious threat to the marketplace share of company. The rivals are shifting towards click and Recommendations of Grameen Bank The Grameen General Credit System Case Analysis stores with Gap introducing Piperline. This shift towards online markets might minimize the revenues for company. In this scenario the company might think about presenting Click and Recommendations of Grameen Bank The Grameen General Credit System Case Analysis shops. These stores with a low requirement of funds to settle would make it possible for the business to reach worldwide markets, without ending its domestic stores. The advantages and disadvantages of alternative 2 are given as follows;

Pros:

• Low investment
• Decreasing competitors hazard
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Large Incomes
• Low Operating Expense
• Easy brand-new market entrance

Cons:

• Danger to the marketplace position
• Removal of brand Individuality
• Removal of the excellent shop experience.
• Threat of decrease in elite sales.

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

Another alternative that the business could think about, is to expand towards the international markets without closing its domestic stores that adds to the major part of revenues of the company. The benefits and drawbacks connected to Alternative 3 are offered below;

Pros:

• Reducing competition danger
• Access to the world markets
• Enlarging consumer base
• Big Incomes
• Exploration of new international markets.
• Boost in profits from worldwide markets.
• Income diversity.
• Action towards being a strong international brand name.

Cons:

• Extension of issues related to variety.
• Distinctions in cultures might resulted in a failure of the brand name specifically in Asian nations.
• Low profits at preliminary levels.
• Increase in marketing expenses to gain market share.



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