Recommendations of India A Global Manufacturing Hub Case Solution

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Recommendations of India A Global Manufacturing Hub Case Study Solution

On the basis of above internal and external analysis of the business together with the assessment of various options, the business is suggested to think about alternative 3. As alternative 3 would permit the company to broaden in international markets with no reduction in its regional revenues and any degeneration of its market position. By considering Alternative 3, the business might maintain its store experience and brand name individuality. Nevertheless, it might likewise consider alternative 2 that might enable the company to access the markets with no prospective financial investment. The business could pursue alternative 1 which would make it possible for the business to focus on potential international markets rather than the local markets however as the business is highly reliant on the regional markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the considerable decline in business's earnings. Therefore, the business is advised to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of India A Global Manufacturing Hub Case Analysis Stores

The company has a long term market position in US which can not be created quickly in the brand-new markets. The alternative would assist the business to expand in worldwide markets along with the removal of problems raised in its local markets related to its diversity.

Pros:

• Expedition of new worldwide markets.
• Increase in profits from worldwide markets.
• Removal of concerns associated with variety.
• Revenue diversity.
• Action towards being a strong global brand.

Cons:

• Loss of substantial earnings from the local markets.
• Boost in competition.
• Differences in cultures might led to a failure of the brand name especially in Asian countries.
• Low revenues at initial levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of India A Global Manufacturing Hub Case Help Stores

Alternative 2 includes the introduction of online market places through generating an appropriate business's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. might present a severe danger to the marketplace share of company. Additionally, the rivals are shifting towards click and Recommendations of India A Global Manufacturing Hub Case Analysis stores with Space introducing Piperline. This shift towards online markets might lower the revenues for business. In this situation the business could think about introducing Click and Recommendations of India A Global Manufacturing Hub Case Help shops. These stores with a low requirement of funds to settle would make it possible for the business to reach global markets, without ending its domestic shops. The pros and cons of option 2 are offered as follows;

Pros:

• Low financial investment
• Reducing competitors threat
• Access to the world markets
• Expanding consumer base
• Easy to manage
• Big Profits
• Low Operating Expense
• Easy new market entryway

Cons:

• Risk to the marketplace position
• Elimination of brand name Originality
• Removal of the terrific store experience.
• Threat of decrease in elite sales.

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

Another alternative that the company might consider, is to expand towards the international markets without closing its domestic shops that adds to the huge part of revenues of the company. The benefits and drawbacks connected to Alternative 3 are given below;

Pros:

• Lowering competition hazard
• Access to the world markets
• Expanding customer base
• Big Earnings
• Exploration of brand-new international markets.
• Boost in profits from global markets.
• Revenue diversity.
• Action towards being a strong international brand name.

Cons:

• Continuation of problems related to variety.
• Distinctions in cultures might caused a failure of the brand specifically in Asian countries.
• Low earnings at initial levels.
• Increase in marketing expenditures to get market share.



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