Recommendations of Restructuring Woolworths Group Plc The Attempt That Failed Case Solution
Home >> Ibs Center For Management Research >> Restructuring Woolworths Group Plc The Attempt That Failed >> Recommendations
Recommendations of Restructuring Woolworths Group Plc The Attempt That Failed Case Study Analysis
On the basis of above internal and external analysis of the business in addition to the evaluation of numerous options, the company is advised to consider alternative 3. As alternative 3 would allow the company to expand in international markets without any reduction in its regional earnings and any deterioration of its market position. By thinking about Alternative 3, the company could keep its shop experience and brand individuality. However, it might also consider alternative 2 that might permit the business to access the marketplaces without any possible investment. The company might pursue alternative 1 which would enable the business to focus on possible worldwide markets rather than the local markets but as the business is extremely dependent on the local markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the significant decline in company's earnings. The company is suggested to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Restructuring Woolworths Group Plc The Attempt That Failed Case Solution Stores
The business has a long term market position in United States which can not be produced soon in the new markets. The alternative would assist the company to expand in international markets along with the removal of problems raised in its local markets related to its variety.
Pros:
• Exploration of new global markets.
• Boost in revenue from global markets.
• Elimination of issues related to variety.
• Profits diversity.
• Action towards being a strong worldwide brand name.
Cons:
• Loss of comprehensive incomes from the regional markets.
• Increase in competitors.
• Distinctions in cultures might caused a failure of the brand particularly in Asian countries.
• Low revenues at initial levels.
• Boost in marketing expenditures to get market share.
Alternative-2: Introduction of Click and Recommendations of Restructuring Woolworths Group Plc The Attempt That Failed Case Help Stores
Alternative 2 consists of the introduction of online market places through generating a correct company's site. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on could pose a severe danger to the market share of company. The rivals are shifting towards click and Recommendations of Restructuring Woolworths Group Plc The Attempt That Failed Case Analysis shops with Space presenting Piperline. This shift towards online markets might decrease the revenues for business. In this circumstance the business might consider introducing Click and Recommendations of Restructuring Woolworths Group Plc The Attempt That Failed Case Solution shops. These stores with a low requirement of funds to settle would enable the business to reach worldwide markets, without ending its domestic shops. The advantages and disadvantages of alternative 2 are given as follows;
Pros:
• Low investment
• Lowering competition threat
• Access to the world markets
• Increasing the size of consumer base
• Easy to manage
• Big Incomes
• Low Operating Costs
• Easy new market entryway
Cons:
• Risk to the marketplace position
• Removal of brand Originality
• Removal of the terrific shop experience.
• Danger of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another choice that the company could think about, is to broaden towards the international markets without closing its domestic shops that adds to the major part of incomes of the company. The benefits and drawbacks related to Alternative 3 are given listed below;
Pros:
• Minimizing competitors danger
• Access to the world markets
• Increasing the size of customer base
• Big Incomes
• Expedition of new international markets.
• Boost in profits from global markets.
• Earnings diversity.
• Step towards being a strong global brand name.
Cons:
• Extension of problems related to diversity.
• Distinctions in cultures could caused a failure of the brand name specifically in Asian countries.
• Low revenues at initial levels.
• Boost 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.