Recommendations of Knowledge Management Initiatives At Tcs Case Help

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Recommendations of Knowledge Management Initiatives At Tcs Case Study Solution

On the basis of above internal and external analysis of the company in addition to the examination of different options, the business is advised to consider alternative 3. As alternative 3 would enable the business to expand in international markets with no decrease in its regional incomes and any wear and tear of its market position. By considering Alternative 3, the company could keep its shop experience and brand name uniqueness. However, it could likewise consider alternative 2 that could allow the business to access the marketplaces without any prospective investment. Although, the business might pursue alternative 1 which would make it possible for the business to focus on potential worldwide markets instead of the local markets however as the business is extremely dependent on the regional markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the significant decrease in company's earnings. The company is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Knowledge Management Initiatives At Tcs Case Analysis Stores

The business has a long term market position in United States which can not be produced soon in the brand-new markets. The choice would help the business to expand in global markets along with the elimination of problems raised in its local markets related to its diversity.

Pros:

• Expedition of brand-new worldwide markets.
• Increase in earnings from global markets.
• Elimination of problems related to variety.
• Profits diversification.
• Action towards being a strong worldwide brand name.

Cons:

• Loss of substantial profits from the regional markets.
• Boost in competitors.
• Distinctions in cultures might resulted in a failure of the brand specifically in Asian nations.
• Low incomes at initial levels.
• Boost in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Knowledge Management Initiatives At Tcs Case Analysis Stores

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. could position a serious danger to the market share of company. In this circumstance the business might think about introducing Click and Recommendations of Knowledge Management Initiatives At Tcs Case Help stores. These shops with a low requirement of funds to settle would allow the company to reach international markets, without ending its domestic shops.

Pros:

• Low financial investment
• Minimizing competition danger
• Access to the world markets
• Expanding consumer base
• Easy to handle
• Big Revenues
• Low Operating Expense
• Easy new market entrance

Cons:

• Risk to the marketplace position
• Removal of brand name Individuality
• Removal of the great store experience.
• Risk of decline in elite sales.

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

Another option that the company could consider, is to broaden towards the international markets without closing its domestic stores that contributes to the major part of profits of the company. The advantages and disadvantages associated with Alternative 3 are provided below;

Pros:

• Minimizing competition threat
• Access to the world markets
• Expanding consumer base
• Big Profits
• Exploration of brand-new international markets.
• Boost in earnings from global markets.
• Revenue diversity.
• Step towards being a strong international brand.

Cons:

• Extension of concerns connected to variety.
• Distinctions in cultures might led to a failure of the brand particularly in Asian nations.
• Low incomes at preliminary levels.
• Boost in marketing expenses to gain market share.



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