Recommendations of Henry Ford A Great Innovator Case Solution

Home >> Ibs Center For Management Research >> Henry Ford A Great Innovator >> Recommendations

Recommendations of Henry Ford A Great Innovator Case Study Solution

On the basis of above internal and external analysis of the business along with the examination of various alternatives, the business is recommended to think about alternative 3. As alternative 3 would enable the company to expand in international markets without any decrease in its regional incomes and any wear and tear of its market position. The business might pursue alternative 1 which would enable the business to focus on prospective worldwide markets rather than the regional markets however as the company is highly reliant on the regional markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the significant decline in business's income.

Aletrnative-1: Expanding International Brick and Recommendations of Henry Ford A Great Innovator Case Help Stores

The company has a long term market position in US which can not be created quickly in the new markets. The alternative would help the company to broaden in global markets along with the removal of concerns raised in its regional markets related to its variety.

Pros:

• Exploration of brand-new international markets.
• Boost in income from worldwide markets.
• Elimination of concerns related to variety.
• Profits diversification.
• Action towards being a strong international brand.

Cons:

• Loss of comprehensive revenues from the regional markets.
• Increase in competition.
• Differences in cultures could caused a failure of the brand name specifically in Asian countries.
• Low earnings at preliminary levels.
• Increase in marketing expenditures to get market share.

Alternative-2: Introduction of Click and Recommendations of Henry Ford A Great Innovator Case Analysis Stores

Alternative 2 consists of the intro of online market locations through creating a correct company's site. With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. could position a serious hazard to the marketplace share of company. The competitors are shifting towards click and Recommendations of Henry Ford A Great Innovator Case Analysis shops with Space introducing Piperline. This shift towards online markets could decrease the profits for business. In this scenario the business might think about presenting Click and Recommendations of Henry Ford A Great Innovator Case Help stores. These shops with a low requirement of funds to settle would allow the business to reach worldwide markets, without ending its domestic stores. The advantages and disadvantages of option 2 are given as follows;

Pros:

• Low financial investment
• Reducing competition hazard
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Large Incomes
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Risk to the marketplace position
• Elimination of brand name Uniqueness
• Elimination of the great store experience.
• Threat of decline in elite sales.

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

Another choice that the business could think about, is to broaden towards the worldwide markets without closing its domestic shops that contributes to the huge part of profits of the company. The benefits and drawbacks connected to Alternative 3 are given listed below;

Pros:

• Lowering competition threat
• Access to the world markets
• Increasing the size of consumer base
• Large Incomes
• Expedition of brand-new international markets.
• Increase in revenue from worldwide markets.
• Revenue diversity.
• Step towards being a strong worldwide brand.

Cons:

• Continuation of issues associated with diversity.
• Differences in cultures might led to a failure of the brand particularly in Asian countries.
• Low profits at preliminary levels.
• Boost in marketing expenses to acquire market share.



This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.