Recommendations of Lupin Limited: Indias Leading Pharma Company Case Analysis

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Recommendations of Lupin Limited: Indias Leading Pharma Company Case Study Solution

On the basis of above internal and external analysis of the company along with the assessment of different options, the business is advised to think about alternative 3. As alternative 3 would enable the business to broaden in global markets without any reduction in its regional earnings and any wear and tear of its market position. The company could pursue alternative 1 which would allow the company to focus on possible worldwide markets rather than the local markets but as the company is extremely dependent on the regional markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the significant decline in company's income.

Aletrnative-1: Expanding International Brick and Recommendations of Lupin Limited: Indias Leading Pharma Company Case Analysis Stores

Expansion towards global markets through opening brand-new stores in other Europe and Asian nations with closing domestic stores is although an excellent alternative for increasing the global existence of the company. However, the closing of domestic stores might extremely affect the incomes of the firm as above 90% of its stores are located locally and closing those shops would eventually reduce the profits of the firm. The company has a long term market position in United States which can not be generated soon in the new markets. The choice would help the business to expand in international markets along with the removal of problems raised in its local markets connected to its variety. The pros and Cons for Alternative 1 are listed below;

Pros:

• Exploration of new worldwide markets.
• Increase in profits from international markets.
• Elimination of problems associated with diversity.
• Profits diversity.
• Step towards being a strong global brand.

Cons:

• Loss of comprehensive profits from the regional markets.
• Boost in competitors.
• Differences in cultures might led to a failure of the brand specifically in Asian countries.
• Low profits at initial levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Lupin Limited: Indias Leading Pharma Company Case Analysis Stores

Alternative 2 consists of the intro of online market locations through producing a correct company's website. With the increased trends towards online shopping, the online stores like Amazon, Alibaba and so on could pose a serious danger to the market share of company. Moreover, the rivals are moving towards click and Recommendations of Lupin Limited: Indias Leading Pharma Company Case Solution shops with Gap introducing Piperline. This shift towards online markets might reduce the earnings for company. In this situation the company might think about introducing Click and Recommendations of Lupin Limited: Indias Leading Pharma Company Case Help stores. These stores with a low requirement of funds to settle would enable the company to reach worldwide markets, without ending its domestic shops. The benefits and drawbacks of option 2 are offered as follows;

Pros:

• Low investment
• Reducing competitors risk
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Large Incomes
• Low Operating Expense
• Easy new market entrance

Cons:

• Risk to the marketplace position
• Removal of brand Uniqueness
• Elimination of the excellent store experience.
• Risk of decline in elite sales.

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

Another alternative that the company might 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 listed below;

Pros:

• Reducing competitors risk
• Access to the world markets
• Expanding customer base
• Large Incomes
• Exploration of brand-new global markets.
• Boost in earnings from international markets.
• Income diversity.
• Step towards being a strong global brand name.

Cons:

• Extension of problems related to diversity.
• Distinctions in cultures might led to a failure of the brand especially in Asian nations.
• Low profits at initial levels.
• Boost in marketing expenditures to acquire market share.



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