Recommendations of Tata Consultancy Services The Pioneer In The Indian It Industry Case Solution

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Recommendations of Tata Consultancy Services The Pioneer In The Indian It Industry Case Study Help

On the basis of above internal and external analysis of the business along with the evaluation of various alternatives, the business is suggested to think about alternative 3. As alternative 3 would permit the business to broaden in global markets without any reduction in its regional profits and any deterioration of its market position. The business could pursue alternative 1 which would enable the company to focus on possible international markets rather than the local markets however as the business is highly dependent on the regional markets with 90% of its stores 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 Tata Consultancy Services The Pioneer In The Indian It Industry Case Analysis Stores

Expansion towards international markets through opening brand-new shops in other Europe and Asian countries with closing domestic stores is although an excellent option for increasing the global presence of the business. The closing of domestic stores could extremely impact the revenues of the firm as above 90% of its shops are located domestically and closing those stores would eventually reduce the revenues of the firm. Furthermore, the company has a long term market position in United States which can not be generated soon in the new markets. The choice would assist the business to broaden in global markets in addition to the elimination of concerns raised in its regional markets connected to its variety. The benefits and drawbacks for Option 1 are noted below;

Pros:

• Expedition of new international markets.
• Boost in earnings from international markets.
• Removal of concerns related to variety.
• Income diversity.
• Action towards being a strong global brand name.

Cons:

• Loss of substantial profits from the local markets.
• Boost in competitors.
• Differences in cultures might caused a failure of the brand specifically in Asian countries.
• Low incomes at preliminary levels.
• Boost in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Tata Consultancy Services The Pioneer In The Indian It Industry Case Analysis Stores

Alternative 2 consists of the introduction of online market locations through generating an appropriate business's website. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. could posture an extreme hazard to the marketplace share of business. The competitors are shifting towards click and Recommendations of Tata Consultancy Services The Pioneer In The Indian It Industry Case Solution shops with Space presenting Piperline. This shift towards online markets could reduce the revenues for business. In this circumstance the company might think about introducing Click and Recommendations of Tata Consultancy Services The Pioneer In The Indian It Industry Case Solution shops. These shops with a low requirement of funds to settle would allow the company to reach international markets, without ending its domestic stores. The pros and cons of alternative 2 are provided as follows;

Pros:

• Low financial investment
• Decreasing competition danger
• Access to the world markets
• Expanding customer base
• Easy to manage
• Big Profits
• Low Operating Expense
• Easy new market entrance

Cons:

• Threat to the marketplace position
• Removal of brand Uniqueness
• Elimination of the excellent shop experience.
• Danger of decrease in elite sales.

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

Another choice that the business could consider, is to expand towards the worldwide markets without closing its domestic stores that adds to the major part of revenues of the company. The advantages and disadvantages associated with Alternative 3 are offered below;

Pros:

• Minimizing competition hazard
• Access to the world markets
• Expanding consumer base
• Big Profits
• Expedition of brand-new global markets.
• Increase in profits from worldwide markets.
• Income diversity.
• Action towards being a strong global brand name.

Cons:

• Continuation of problems connected to diversity.
• Differences in cultures could caused a failure of the brand specifically in Asian countries.
• Low revenues at initial levels.
• Increase in marketing expenditures to acquire market share.



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