Recommendations of The Success Of Slumdog Millionaire An Opportunity For The Indian Cinema Industry Case Solution

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Recommendations of The Success Of Slumdog Millionaire An Opportunity For The Indian Cinema Industry Case Study Help

On the basis of above internal and external analysis of the company along with the evaluation of numerous alternatives, the business is recommended to consider alternative 3. As alternative 3 would permit the company to expand in global markets without any reduction in its regional incomes and any wear and tear of its market position. The company might pursue alternative 1 which would enable the business to focus on potential international markets rather than the regional markets however as the company is highly reliant on the regional markets with 90% of its shops in the United States, there fore pursuing option 1 would result in the substantial decline in business's profits.

Aletrnative-1: Expanding International Brick and Recommendations of The Success Of Slumdog Millionaire An Opportunity For The Indian Cinema Industry Case Analysis Stores

Expansion towards worldwide markets through opening brand-new shops in other Europe and Asian countries with closing domestic shops is although a great choice for increasing the international presence of the company. Nevertheless, the closing of domestic stores might extremely affect the profits of the firm as above 90% of its shops are located domestically and closing those stores would eventually minimize the earnings of the firm. The company 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 expand in global markets in addition to the elimination of concerns raised in its local markets associated with its diversity. The advantages and disadvantages for Alternative 1 are noted below;

Pros:

• Exploration of brand-new worldwide markets.
• Increase in income from worldwide markets.
• Removal of problems connected to diversity.
• Earnings diversity.
• Action towards being a strong international brand.

Cons:

• Loss of extensive earnings from the regional markets.
• Boost in competition.
• Differences in cultures might caused a failure of the brand particularly in Asian countries.
• Low revenues at initial levels.
• Boost in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of The Success Of Slumdog Millionaire An Opportunity For The Indian Cinema Industry Case Solution Stores

Alternative 2 includes the introduction of online market locations through producing a correct business's site. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on might present a severe danger to the marketplace share of business. The rivals are moving towards click and Recommendations of The Success Of Slumdog Millionaire An Opportunity For The Indian Cinema Industry Case Solution stores with Space presenting Piperline. This shift towards online markets might lower the profits for company. In this circumstance the company could think about introducing Click and Recommendations of The Success Of Slumdog Millionaire An Opportunity For The Indian Cinema 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 benefits and drawbacks of alternative 2 are provided as follows;

Pros:

• Low investment
• Minimizing competition hazard
• Access to the world markets
• Increasing the size of consumer base
• Easy to handle
• Big Profits
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Danger to the market position
• Elimination of brand name Individuality
• Removal of the excellent store experience.
• Danger of decrease 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 stores that adds to the major part of revenues of the company. The benefits and drawbacks connected to Alternative 3 are provided below;

Pros:

• Reducing competition hazard
• Access to the world markets
• Enlarging customer base
• Large Earnings
• Expedition of brand-new international markets.
• Boost in earnings from worldwide markets.
• Revenue diversity.
• Action towards being a strong international brand name.

Cons:

• Extension of issues connected to variety.
• Differences in cultures could caused a failure of the brand especially in Asian countries.
• Low revenues at preliminary levels.
• Boost in marketing expenses to acquire market share.



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