Recommendations of The Fall Of Barings Bank Case Help
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Recommendations of The Fall Of Barings Bank Case Study Solution
On the basis of above internal and external analysis of the company along with the assessment of different alternatives, the business is advised to think about alternative 3. As alternative 3 would allow the company to expand in global markets without any reduction in its local earnings and any degeneration of its market position. The company could pursue alternative 1 which would enable the company to focus on possible worldwide markets rather than the regional markets but as the business is highly reliant on the regional markets with 90% of its shops in the US, there fore pursuing option 1 would result in the considerable decline in company's revenue.
Aletrnative-1: Expanding International Brick and Recommendations of The Fall Of Barings Bank Case Help Stores
The business has a long term market position in United States which can not be created soon in the new markets. The option would help the company to expand in international markets along with the elimination of problems raised in its regional markets related to its variety.
Pros:
• Exploration of new international markets.
• Boost in revenue from global markets.
• Elimination of problems related to variety.
• Revenue diversity.
• Action towards being a strong worldwide brand.
Cons:
• Loss of comprehensive earnings from the regional markets.
• Boost in competitors.
• Differences in cultures might resulted in a failure of the brand especially in Asian countries.
• Low profits at preliminary levels.
• Boost in marketing expenses to acquire market share.
Alternative-2: Introduction of Click and Recommendations of The Fall Of Barings Bank Case Analysis Stores
With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. might posture a serious risk to the market share of business. In this circumstance the company could consider presenting Click and Recommendations of The Fall Of Barings Bank Case Analysis shops. These stores with a low requirement of funds to settle would allow the business to reach worldwide markets, without ending its domestic shops.
Pros:
• Low investment
• Decreasing competitors hazard
• Access to the world markets
• Enlarging customer base
• Easy to handle
• Large Incomes
• Low Operating Costs
• Easy brand-new market entryway
Cons:
• Threat to the marketplace position
• Elimination of brand Individuality
• Elimination of the great shop experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the business could think about, is to expand towards the international markets without closing its domestic shops that contributes to the major part of earnings of the business. The pros and cons related to Alternative 3 are given below;
Pros:
• Decreasing competition risk
• Access to the world markets
• Increasing the size of consumer base
• Large Profits
• Exploration of brand-new international markets.
• Increase in profits from worldwide markets.
• Earnings diversity.
• Action towards being a strong international brand name.
Cons:
• Extension of concerns associated with diversity.
• Differences in cultures might resulted in a failure of the brand particularly in Asian countries.
• Low incomes at preliminary levels.
• Boost in marketing expenses to get market share.
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