Recommendations of Gyandoot: An E-Government Initiative In India Case Solution

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Recommendations of Gyandoot: An E-Government Initiative In India Case Study Solution

On the basis of above internal and external analysis of the company along with the assessment of different options, the company is advised to consider alternative 3. As alternative 3 would permit the business to broaden in worldwide markets without any reduction in its local earnings and any degeneration of its market position. By thinking about Alternative 3, the business might keep its shop experience and brand name individuality. However, it could likewise think about alternative 2 that might permit the company to access the markets without any prospective investment. The company could pursue alternative 1 which would allow the company to focus on potential worldwide markets rather than the local markets however as the business is highly dependent on the local markets with 90% of its shops in the United States, there fore pursuing option 1 would result in the considerable decline in business's revenue. Therefore, the business is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Gyandoot: An E-Government Initiative In India Case Analysis Stores

Expansion towards global markets through opening brand-new stores in other Europe and Asian countries with closing domestic stores is although an excellent alternative for increasing the worldwide existence of the business. The closing of domestic stores might extremely impact the profits of the company as above 90% of its stores are situated domestically and closing those shops would eventually minimize the earnings of the company. The company has a long term market position in US which can not be produced soon in the new markets. The alternative would assist the company to expand in international markets along with the elimination of issues raised in its regional markets connected to its diversity. The pros and Cons for Option 1 are listed below;

Pros:

• Exploration of brand-new global markets.
• Increase in profits from worldwide markets.
• Removal of concerns associated with diversity.
• Revenue diversification.
• Action towards being a strong worldwide brand name.

Cons:

• Loss of substantial earnings from the local markets.
• Boost in competition.
• Differences in cultures could caused a failure of the brand especially in Asian countries.
• Low profits at preliminary levels.
• Boost in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Gyandoot: An E-Government Initiative In India Case Analysis Stores

Alternative 2 consists of the introduction of online market locations through creating a correct business's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. could posture a severe threat to the market share of company. The rivals are moving towards click and Recommendations of Gyandoot: An E-Government Initiative In India Case Solution stores with Gap presenting Piperline. This shift towards online markets could minimize the earnings for business. In this situation the business could consider introducing Click and Recommendations of Gyandoot: An E-Government Initiative In India Case Solution stores. These shops with a low requirement of funds to settle would make it possible for the business to reach global markets, without ending its domestic stores. The benefits and drawbacks of alternative 2 are provided as follows;

Pros:

• Low financial investment
• Lowering competition hazard
• Access to the world markets
• Expanding consumer base
• Easy to handle
• Large Revenues
• Low Operating Costs
• Easy new market entrance

Cons:

• Risk to the market position
• Removal of brand name Uniqueness
• Elimination of the terrific shop experience.
• Risk of decrease in elite sales.

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

Another option that the company might think about, is to broaden towards the global markets without closing its domestic stores that contributes to the huge part of profits of the company. The benefits and drawbacks associated with Alternative 3 are offered below;

Pros:

• Decreasing competitors risk
• Access to the world markets
• Enlarging customer base
• Large Earnings
• Exploration of new international markets.
• Increase in income from global markets.
• Income diversity.
• Step towards being a strong international brand name.

Cons:

• Continuation of issues associated with variety.
• Distinctions in cultures could caused a failure of the brand name particularly in Asian countries.
• Low profits at initial levels.
• Boost in marketing expenditures to get market share.



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