Recommendations of The Tata Group Integrating Social Responsibility With Corporate Strategy Case Solution

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Recommendations of The Tata Group Integrating Social Responsibility With Corporate Strategy Case Study Help

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

Aletrnative-1: Expanding International Brick and Recommendations of The Tata Group Integrating Social Responsibility With Corporate Strategy Case Solution Stores

The company has a long term market position in United States which can not be created soon in the brand-new markets. The alternative would help the business to expand in global markets along with the removal of issues raised in its regional markets related to its diversity.

Pros:

• Expedition of new international markets.
• Boost in earnings from international markets.
• Removal of issues connected to variety.
• Earnings diversification.
• Step towards being a strong global brand.

Cons:

• Loss of extensive revenues from the regional markets.
• Boost in competitors.
• Differences in cultures might resulted in a failure of the brand name particularly in Asian nations.
• Low earnings at initial levels.
• Boost in marketing expenditures to get market share.

Alternative-2: Introduction of Click and Recommendations of The Tata Group Integrating Social Responsibility With Corporate Strategy Case Solution Stores

With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on could present a severe danger to the market share of company. In this circumstance the company could think about introducing Click and Recommendations of The Tata Group Integrating Social Responsibility With Corporate Strategy Case Solution stores. These shops with a low requirement of funds to settle would allow the company to reach global markets, without ending its domestic shops.

Pros:

• Low investment
• Decreasing competition threat
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Big Profits
• Low Operating Costs
• Easy new market entryway

Cons:

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

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

Another option that the business might consider, is to broaden towards the international markets without closing its domestic shops that adds to the huge part of earnings of the company. The benefits and drawbacks associated with Alternative 3 are provided listed below;

Pros:

• Reducing competition danger
• Access to the world markets
• Expanding customer base
• Big Profits
• Exploration of brand-new worldwide markets.
• Boost in earnings from international markets.
• Revenue diversification.
• Action towards being a strong international brand name.

Cons:

• Continuation of problems related to variety.
• Distinctions in cultures might caused a failure of the brand name particularly in Asian countries.
• Low incomes at preliminary levels.
• Increase in marketing expenses to acquire market share.



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