Recommendations of Lupin Limited Indias Leading Pharma Company Case Analysis
Home >> Ibs Center For Management Research >> Lupin Limited Indias Leading Pharma Company >> Recommendations
Recommendations of Lupin Limited Indias Leading Pharma Company Case Study Analysis
On the basis of above internal and external analysis of the company along with the evaluation of different options, the company is recommended to consider alternative 3. As alternative 3 would permit the company to broaden in international markets without any reduction in its regional revenues and any deterioration of its market position. By thinking about Alternative 3, the company might preserve its store experience and brand uniqueness. However, it could also consider alternative 2 that could enable the business to access the marketplaces with no potential investment. Although, the business could pursue alternative 1 which would make it possible for the business to concentrate on prospective global markets instead of the regional markets however as the company is highly dependent on the local markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the considerable decrease in company's earnings. For that reason, the business is recommended to think about alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Lupin Limited Indias Leading Pharma Company Case Analysis Stores
The business has a long term market position in US which can not be produced quickly in the new markets. The alternative would assist the company to expand in global markets along with the removal of concerns raised in its regional markets related to its variety.
Pros:
• Exploration of brand-new global markets.
• Increase in earnings from global markets.
• Removal of problems related to variety.
• Earnings diversification.
• Step towards being a strong international brand name.
Cons:
• Loss of extensive profits from the regional markets.
• Increase in competition.
• Differences in cultures could led to a failure of the brand especially in Asian nations.
• Low incomes at initial levels.
• Boost in marketing expenses to gain market share.
Alternative-2: Introduction of Click and Recommendations of Lupin Limited Indias Leading Pharma Company Case Analysis Stores
With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might posture an extreme hazard to the market share of business. In this circumstance the business might consider presenting Click and Recommendations of Lupin Limited Indias Leading Pharma Company Case Analysis stores. These stores with a low requirement of funds to settle would make it possible for the business to reach worldwide markets, without ending its domestic shops.
Pros:
• Low investment
• Reducing competitors danger
• Access to the world markets
• Expanding consumer base
• Easy to handle
• Big Profits
• Low Operating Expense
• Easy new market entrance
Cons:
• Danger to the marketplace position
• Elimination of brand Individuality
• Elimination of the excellent store experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the business could consider, is to broaden towards the global markets without closing its domestic shops that adds to the huge part of revenues of the business. The pros and cons connected to Alternative 3 are given below;
Pros:
• Reducing competition threat
• Access to the world markets
• Enlarging customer base
• Large Revenues
• Exploration of brand-new worldwide markets.
• Increase in revenue from global markets.
• Profits diversity.
• Step towards being a strong international brand name.
Cons:
• Continuation of issues connected to diversity.
• Differences in cultures could resulted in a failure of the brand name particularly in Asian nations.
• Low revenues at preliminary levels.
• Increase in marketing expenditures to get 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.