Recommendations of Human Capital Development The Harley-Davidson Way Case Analysis

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Recommendations of Human Capital Development The Harley-Davidson Way Case Study Help

On the basis of above internal and external analysis of the company along with the evaluation of various options, the business is advised to think about alternative 3. As alternative 3 would allow the business to expand in international markets without any reduction in its local revenues and any wear and tear of its market position. The company might pursue alternative 1 which would allow the company to focus on prospective worldwide markets rather than the regional markets however as the company is extremely reliant on the regional markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the significant decline in business's profits.

Aletrnative-1: Expanding International Brick and Recommendations of Human Capital Development The Harley-Davidson Way Case Help Stores

The company has a long term market position in US which can not be created quickly in the new markets. The choice would assist the company to expand in global markets along with the removal of issues raised in its regional markets related to its diversity.

Pros:

• Exploration of brand-new international markets.
• Increase in revenue from global markets.
• Elimination of concerns connected to diversity.
• Income diversity.
• Step towards being a strong global brand name.

Cons:

• Loss of extensive earnings from the regional markets.
• Boost in competition.
• Distinctions in cultures might resulted in a failure of the brand name specifically in Asian countries.
• Low profits at initial levels.
• Boost in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Human Capital Development The Harley-Davidson Way Case Solution Stores

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on might present an extreme danger to the market share of company. In this circumstance the business might think about introducing Click and Recommendations of Human Capital Development The Harley-Davidson Way Case Solution shops. These stores with a low requirement of funds to settle would enable the business to reach worldwide markets, without ending its domestic shops.

Pros:

• Low investment
• Minimizing competition hazard
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Large Profits
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Threat to the market position
• Elimination of brand name Individuality
• 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 consider, is to expand towards the global markets without closing its domestic stores that contributes to the huge part of profits of the company. The pros and cons associated with Alternative 3 are given below;

Pros:

• Minimizing competitors danger
• Access to the world markets
• Increasing the size of consumer base
• Big Revenues
• Exploration of new international markets.
• Increase in earnings from international markets.
• Income diversification.
• Action towards being a strong worldwide brand name.

Cons:

• Continuation of issues related to diversity.
• Differences in cultures could caused a failure of the brand specifically in Asian countries.
• Low incomes at preliminary levels.
• Boost in marketing expenses to gain market share.



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