Recommendations of The Saga Of Lee Iacocca From Ford To Chrysler Case Help

Home >> Ibs Center For Management Research >> The Saga Of Lee Iacocca From Ford To Chrysler >> Recommendations

Recommendations of The Saga Of Lee Iacocca From Ford To Chrysler Case Study Help

On the basis of above internal and external analysis of the business along with the assessment of different alternatives, the business is suggested to consider alternative 3. As alternative 3 would permit the company to expand in global markets without any decrease in its regional revenues and any deterioration of its market position. The business might pursue alternative 1 which would enable the business to focus on prospective international markets rather than the local markets however as the company is extremely dependent on the local markets with 90% of its stores in the United States, there fore pursuing option 1 would result in the significant decrease in company's revenue.

Aletrnative-1: Expanding International Brick and Recommendations of The Saga Of Lee Iacocca From Ford To Chrysler Case Solution Stores

The business has a long term market position in US which can not be produced soon in the brand-new markets. The alternative would assist the company to expand in worldwide markets along with the removal of concerns raised in its regional markets related to its diversity.

Pros:

• Expedition of new global markets.
• Increase in income from global markets.
• Elimination of issues connected to diversity.
• Earnings diversification.
• Step towards being a strong international brand name.

Cons:

• Loss of extensive earnings from the local markets.
• Boost in competition.
• Differences in cultures could resulted in a failure of the brand name particularly in Asian nations.
• Low revenues at initial levels.
• Increase in marketing expenses to get market share.

Alternative-2: Introduction of Click and Recommendations of The Saga Of Lee Iacocca From Ford To Chrysler Case Solution Stores

Alternative 2 consists of the introduction of online market places through generating an appropriate business's website. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba etc. might posture an extreme threat to the marketplace share of company. The rivals are moving towards click and Recommendations of The Saga Of Lee Iacocca From Ford To Chrysler Case Solution shops with Space presenting Piperline. This shift towards online markets could lower the profits for business. In this scenario the company might consider presenting Click and Recommendations of The Saga Of Lee Iacocca From Ford To Chrysler Case Analysis stores. These stores with a low requirement of funds to settle would make it possible for the business to reach international markets, without ending its domestic shops. The advantages and disadvantages of option 2 are provided as follows;

Pros:

• Low financial investment
• Reducing competitors risk
• Access to the world markets
• Expanding customer base
• Easy to handle
• Big Revenues
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Threat to the market position
• Removal of brand Originality
• Elimination of the fantastic shop experience.
• Threat of decline in elite sales.

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

Another choice that the company could consider, is to expand towards the global markets without closing its domestic shops that adds to the major part of profits of the business. The benefits and drawbacks associated with Alternative 3 are provided below;

Pros:

• Reducing competitors hazard
• Access to the world markets
• Increasing the size of customer base
• Large Profits
• Expedition of new international markets.
• Boost in earnings from global markets.
• Revenue diversity.
• Action towards being a strong global brand.

Cons:

• Extension of concerns associated with variety.
• Distinctions in cultures could led to a failure of the brand especially in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenditures to acquire 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.