Recommendations of The Rise And Fall Of Ramalinga Raju Case Solution
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Recommendations of The Rise And Fall Of Ramalinga Raju Case Study Analysis
On the basis of above internal and external analysis of the company along with the evaluation of various alternatives, the company is recommended to consider alternative 3. As alternative 3 would allow the company to expand in international markets without any decrease in its local earnings and any degeneration of its market position. The company could pursue alternative 1 which would allow the business to focus on possible global markets rather than the regional markets but as the business is highly reliant on the regional markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the considerable decline in company's profits.
Aletrnative-1: Expanding International Brick and Recommendations of The Rise And Fall Of Ramalinga Raju Case Analysis Stores
The company has a long term market position in US which can not be created soon in the brand-new markets. The choice would help the business to broaden in international markets along with the elimination of problems raised in its regional markets related to its diversity.
Pros:
• Expedition of new worldwide markets.
• Increase in revenue from worldwide markets.
• Removal of problems associated with variety.
• Profits diversity.
• Action towards being a strong global brand.
Cons:
• Loss of extensive earnings from the local markets.
• Increase in competitors.
• Distinctions in cultures might led to a failure of the brand especially in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenses to gain market share.
Alternative-2: Introduction of Click and Recommendations of The Rise And Fall Of Ramalinga Raju Case Help Stores
With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might posture a severe risk to the market share of business. In this scenario the business might consider introducing Click and Recommendations of The Rise And Fall Of Ramalinga Raju Case Help stores. These shops with a low requirement of funds to settle would make it possible for the company to reach worldwide markets, without ending its domestic stores.
Pros:
• Low investment
• Minimizing competitors threat
• Access to the world markets
• Increasing the size of consumer base
• Easy to handle
• Large Earnings
• Low Operating Costs
• Easy brand-new market entrance
Cons:
• Threat to the market position
• Elimination of brand Individuality
• Elimination of the excellent store experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another alternative that the company could consider, is to broaden towards the international markets without closing its domestic shops that adds to the huge part of revenues of the business. The benefits and drawbacks associated with Alternative 3 are provided below;
Pros:
• Decreasing competition danger
• Access to the world markets
• Enlarging customer base
• Large Incomes
• Expedition of brand-new global markets.
• Increase in revenue from international markets.
• Revenue diversification.
• Action towards being a strong global brand.
Cons:
• Continuation of concerns related to variety.
• Differences in cultures could caused a failure of the brand name specifically in Asian nations.
• Low incomes at preliminary levels.
• Increase in marketing expenses to gain market share.
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