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

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Recommendations of Grameen Bank: The Grameen General Credit System Case Study Help

RecommendationsOn the basis of above internal and external analysis of the business in addition to the examination of different alternatives, the business is recommended to consider alternative 3. As alternative 3 would permit the business to broaden in worldwide markets with no reduction in its regional incomes and any degeneration of its market position. By considering Alternative 3, the company could keep its shop experience and brand originality. It could likewise think about alternative 2 that might enable the company to access the markets without any possible financial investment. The company could pursue alternative 1 which would make it possible for the business to focus on possible worldwide markets rather than the local markets however as the business is extremely dependent on the regional markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the substantial decline in business's revenue. For that reason, the business is recommended to consider alternative 3.

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

International SegmentsThe company has a long term market position in US which can not be created soon in the new markets. The choice would assist the company to broaden in international 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 revenue from global markets.
• Elimination of issues connected to diversity.
• Income diversification.
• Step towards being a strong international brand.

Cons:

• Loss of extensive profits from the local markets.
• Boost in competition.
• Differences in cultures might resulted in a failure of the brand name especially in Asian countries.
• Low profits at preliminary levels.
• Boost in marketing expenditures to get market share.

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

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. might pose a serious threat to the market share of business. In this circumstance the business might consider 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 allow the business to reach global markets, without ending its domestic stores.

Pros:

• Low financial investment
• Decreasing competition hazard
• Access to the world markets
• Increasing the size of consumer base
• Easy to handle
• Large Profits
• Low Operating Expense
• Easy brand-new market entrance

Cons:

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

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

Another option that the business might think about, is to broaden towards the global markets without closing its domestic shops that contributes to the huge part of earnings of the company. The pros and cons connected to Alternative 3 are offered below;

Pros:

• Decreasing competitors danger
• Access to the world markets
• Enlarging customer base
• Big Profits
• Exploration of new international markets.
• Increase in profits from international markets.
• Revenue diversity.
• Step towards being a strong global brand name.

Cons:

• Continuation of issues associated with variety.
• Distinctions in cultures could resulted in a failure of the brand specifically in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenses to get market share.



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