Recommendations of Larry Ellison The Source Of Oracles Wisdom Case Help
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Recommendations of Larry Ellison The Source Of Oracles Wisdom Case Study Help
On the basis of above internal and external analysis of the company along with the evaluation of various alternatives, the business is advised to consider alternative 3. As alternative 3 would permit the company to expand in international markets without any reduction in its regional profits and any deterioration of its market position. The business might pursue alternative 1 which would enable the business to focus on possible international markets rather than the local markets but as the business is highly dependent on the regional markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the considerable decrease in company's earnings.
Aletrnative-1: Expanding International Brick and Recommendations of Larry Ellison The Source Of Oracles Wisdom Case Help Stores
The company has a long term market position in United States which can not be produced quickly in the new markets. The option would help the business to broaden in global markets along with the removal of issues raised in its regional markets related to its diversity.
Pros:
• Expedition of new worldwide markets.
• Boost in revenue from global markets.
• Removal of problems associated with variety.
• Revenue diversification.
• Step towards being a strong worldwide brand.
Cons:
• Loss of extensive revenues from the local markets.
• Increase in competitors.
• Differences in cultures might resulted in a failure of the brand name especially in Asian nations.
• Low incomes at preliminary levels.
• Boost in marketing expenditures to acquire market share.
Alternative-2: Introduction of Click and Recommendations of Larry Ellison The Source Of Oracles Wisdom Case Analysis Stores
With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. could posture a serious hazard to the market share of company. In this situation the business might consider presenting Click and Recommendations of Larry Ellison The Source Of Oracles Wisdom Case Solution shops. These shops with a low requirement of funds to settle would allow the company to reach global markets, without ending its domestic shops.
Pros:
• Low investment
• Decreasing competition risk
• Access to the world markets
• Increasing the size of customer base
• Easy to handle
• Large Earnings
• Low Operating Expense
• Easy new market entrance
Cons:
• Hazard to the market position
• Elimination of brand name Uniqueness
• Elimination of the great store 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 shops that adds to the major part of earnings of the company. The advantages and disadvantages related to Alternative 3 are provided listed below;
Pros:
• Reducing competition danger
• Access to the world markets
• Expanding customer base
• Big Revenues
• Expedition of new worldwide markets.
• Increase in profits from global markets.
• Earnings diversity.
• Action towards being a strong worldwide brand name.
Cons:
• Extension of problems associated with variety.
• Differences in cultures could caused a failure of the brand name specifically in Asian nations.
• Low incomes at initial levels.
• Increase in marketing expenditures to get market share.
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