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

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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 business along with the evaluation of numerous alternatives, the business is suggested to think about alternative 3. As alternative 3 would enable the business to broaden in global markets without any reduction in its regional profits and any wear and tear of its market position. The business might pursue alternative 1 which would enable the company to focus on potential worldwide markets rather than the local markets but as the business 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 decrease in company's profits.

Aletrnative-1: Expanding International Brick and Recommendations of The Success Of Slumdog Millionaire: An Opportunity For The Indian Cinema Industry Case Solution 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 broaden in worldwide markets along with the elimination of concerns raised in its regional markets related to its diversity.

Pros:

• Exploration of brand-new global markets.
• Boost in revenue from global markets.
• Removal of concerns associated with diversity.
• Profits diversity.
• Step towards being a strong international brand name.

Cons:

• Loss of extensive revenues from the local markets.
• Boost in competitors.
• Differences in cultures could led to a failure of the brand name especially in Asian nations.
• Low revenues at preliminary levels.
• Boost in marketing expenses 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 Help Stores

Alternative 2 consists of the intro of online market locations through generating an appropriate company's website. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on could present an extreme danger to the market share of company. The competitors are shifting towards click and Recommendations of The Success Of Slumdog Millionaire: An Opportunity For The Indian Cinema Industry Case Analysis stores with Gap presenting Piperline. This shift towards online markets might reduce the revenues for business. In this scenario the business might think about introducing Click and Recommendations of The Success Of Slumdog Millionaire: An Opportunity For The Indian Cinema Industry Case Analysis shops. These shops 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 given as follows;

Pros:

• Low investment
• Lowering competition danger
• Access to the world markets
• Increasing the size of consumer base
• Easy to manage
• Large Earnings
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Risk to the market position
• Elimination of brand name Individuality
• Removal of the fantastic shop experience.
• Threat of decrease in elite sales.

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

Another option that the company could think about, is to broaden towards the global markets without closing its domestic shops that contributes to the huge part of incomes of the company. The advantages and disadvantages related to Alternative 3 are offered below;

Pros:

• Reducing competition danger
• Access to the world markets
• Increasing the size of customer base
• Big Profits
• Expedition of new international markets.
• Boost in earnings from international markets.
• Income diversification.
• Action towards being a strong global brand name.

Cons:

• Extension of issues connected to variety.
• Distinctions in cultures might resulted in a failure of the brand name especially in Asian countries.
• Low revenues at preliminary levels.
• Increase in marketing expenses to gain market share.



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