Recommendations of Tata Motors Speed Breakers Galore Case Analysis

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Recommendations of Tata Motors Speed Breakers Galore Case Study Analysis

On the basis of above internal and external analysis of the business along with the examination of various alternatives, the business is suggested to consider alternative 3. As alternative 3 would enable the business to broaden in worldwide markets without any reduction in its local earnings and any deterioration of its market position. The business might pursue alternative 1 which would allow the business to focus on prospective global markets rather than the regional markets however as the company is extremely reliant on the regional markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the substantial decrease in company's revenue.

Aletrnative-1: Expanding International Brick and Recommendations of Tata Motors Speed Breakers Galore Case Analysis Stores

Growth towards international markets through opening brand-new stores in other Europe and Asian countries with closing domestic shops is although an excellent option for increasing the global existence of the company. However, the closing of domestic stores might extremely affect the earnings of the firm as above 90% of its stores lie domestically and closing those shops would ultimately decrease the profits of the firm. The business has a long term market position in United States which can not be generated quickly in the brand-new markets. The option would assist the business to broaden in global markets in addition to the removal of concerns raised in its regional markets associated with its variety. The advantages and disadvantages for Option 1 are listed below;

Pros:

• Exploration of brand-new worldwide markets.
• Boost in profits from worldwide markets.
• Elimination of issues connected to variety.
• Profits diversification.
• Step towards being a strong international brand.

Cons:

• Loss of extensive earnings from the local markets.
• Boost in competitors.
• Differences in cultures might resulted in a failure of the brand particularly in Asian nations.
• Low incomes at preliminary levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Tata Motors Speed Breakers Galore Case Help Stores

Alternative 2 includes the introduction of online market places through generating a proper business's website. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. might pose a serious hazard to the market share of company. The rivals are moving towards click and Recommendations of Tata Motors Speed Breakers Galore Case Solution shops with Space presenting Piperline. This shift towards online markets might reduce the incomes for business. In this scenario the business could consider presenting Click and Recommendations of Tata Motors Speed Breakers Galore Case Help shops. These shops with a low requirement of funds to settle would make it possible for 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
• Decreasing competitors threat
• Access to the world markets
• Enlarging consumer base
• Easy to manage
• Big Profits
• Low Operating Costs
• Easy new market entryway

Cons:

• Risk to the market position
• Removal of brand name Individuality
• Elimination of the terrific shop experience.
• Danger of decline in elite sales.

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

Another alternative that the company could think about, is to expand towards the global markets without closing its domestic stores that contributes to the huge part of incomes of the business. The benefits and drawbacks associated with Alternative 3 are provided listed below;

Pros:

• Minimizing competitors danger
• Access to the world markets
• Increasing the size of customer base
• Big Revenues
• Expedition of new global markets.
• Boost in revenue from worldwide markets.
• Profits diversity.
• Step towards being a strong global brand name.

Cons:

• Extension of issues associated with diversity.
• Distinctions in cultures might caused a failure of the brand particularly in Asian nations.
• Low earnings at initial levels.
• Boost in marketing expenses to acquire market share.



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