Recommendations of Prudential Financial Inc Case Analysis

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Recommendations of Prudential Financial Inc Case Study Help

On the basis of above internal and external analysis of the business along with the assessment of various options, the company is recommended to think about alternative 3. As alternative 3 would permit the company to expand in global markets without any decrease in its local revenues and any wear and tear of its market position. The company could pursue alternative 1 which would allow the business to focus on potential global markets rather than the local markets but as the business is extremely reliant on the local markets with 90% of its shops in the United States, there fore pursuing option 1 would result in the significant decrease in business's earnings.

Aletrnative-1: Expanding International Brick and Recommendations of Prudential Financial Inc Case Analysis Stores

The company has a long term market position in United States which can not be produced quickly in the new markets. The alternative would assist the company to broaden in worldwide markets along with the removal of issues raised in its regional markets related to its diversity.

Pros:

• Exploration of brand-new worldwide markets.
• Increase in revenue from international markets.
• Elimination of concerns associated with variety.
• Income diversity.
• Action towards being a strong worldwide brand.

Cons:

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

Alternative-2: Introduction of Click and Recommendations of Prudential Financial Inc Case Help Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might pose an extreme danger to the market share of business. In this scenario the business could think about presenting Click and Recommendations of Prudential Financial Inc Case Analysis shops. These shops with a low requirement of funds to settle would allow the company to reach worldwide markets, without ending its domestic shops.

Pros:

• Low financial investment
• Decreasing competition risk
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Big Earnings
• Low Operating Expense
• Easy brand-new market entryway

Cons:

• Hazard to the market position
• Removal of brand Originality
• Elimination of the fantastic store experience.
• Risk of decrease in elite sales.

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

Another option that the company could consider, is to expand towards the worldwide markets without closing its domestic stores that adds to the huge part of earnings of the company. The advantages and disadvantages related to Alternative 3 are given below;

Pros:

• Reducing competitors risk
• Access to the world markets
• Increasing the size of consumer base
• Large Revenues
• Expedition of new international markets.
• Boost in revenue from global markets.
• Profits diversity.
• Step towards being a strong global brand.

Cons:

• Continuation of concerns associated with diversity.
• Differences in cultures could caused a failure of the brand name specifically in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenditures to acquire market share.



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