Recommendations of Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders: On-Site Visits Original Dutch Tv Presentation Of The Project Case Solution

Home >> Imd Business School >> Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders: On-Site Visits Original Dutch Tv Presentation Of The Project >> Recommendations

Recommendations of Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders: On-Site Visits Original Dutch Tv Presentation Of The Project Case Study Help

On the basis of above internal and external analysis of the business along with the examination of various options, the business is recommended to think about alternative 3. As alternative 3 would permit the company to broaden in global markets without any reduction in its regional incomes and any degeneration of its market position. The company might pursue alternative 1 which would enable the company to focus on potential international markets rather than the local markets however as the company is highly reliant on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the significant decline in company's profits.

Aletrnative-1: Expanding International Brick and Recommendations of Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders: On-Site Visits Original Dutch Tv Presentation Of The Project Case Solution Stores

The business has a long term market position in US which can not be produced soon in the new markets. The choice would assist the company to expand in international markets along with the removal of problems raised in its regional markets related to its variety.

Pros:

• Exploration of new worldwide markets.
• Increase in income from global markets.
• Elimination of problems associated with diversity.
• Earnings diversification.
• Step towards being a strong global brand name.

Cons:

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

Alternative-2: Introduction of Click and Recommendations of Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders: On-Site Visits Original Dutch Tv Presentation Of The Project Case Help Stores

Alternative 2 includes the introduction of online market locations through generating a correct company's site. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. could posture a severe threat to the marketplace share of company. The rivals are moving towards click and Recommendations of Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders: On-Site Visits Original Dutch Tv Presentation Of The Project Case Solution shops with Gap presenting Piperline. This shift towards online markets could minimize the profits for company. In this scenario the business might think about introducing Click and Recommendations of Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders: On-Site Visits Original Dutch Tv Presentation Of The Project Case Analysis shops. These shops with a low requirement of funds to settle would allow the business to reach international markets, without ending its domestic shops. The benefits and drawbacks of option 2 are given as follows;

Pros:

• Low investment
• Decreasing competitors hazard
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Large Revenues
• Low Operating Costs
• Easy brand-new market entryway

Cons:

• Threat to the marketplace position
• Elimination of brand name Originality
• Elimination of the fantastic store experience.
• Danger of decrease in elite sales.

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

Another choice that the business might think about, is to broaden towards the international markets without closing its domestic shops that contributes to the major part of incomes of the company. The pros and cons connected to Alternative 3 are given below;

Pros:

• Minimizing competition threat
• Access to the world markets
• Expanding consumer base
• Large Revenues
• Expedition of brand-new global markets.
• Boost in revenue from worldwide markets.
• Earnings diversity.
• Action towards being a strong international brand name.

Cons:

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