Recommendations of Larsens Camp: Crisis In Kenyas Elephant Paradise Case Analysis

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Recommendations of Larsens Camp: Crisis In Kenyas Elephant Paradise Case Study Help

On the basis of above internal and external analysis of the company in addition to the examination of numerous options, the company is advised to think about alternative 3. As alternative 3 would enable the business to expand in global markets with no reduction in its regional incomes and any deterioration of its market position. By thinking about Alternative 3, the business might maintain its store experience and brand name uniqueness. Nevertheless, it might also think about alternative 2 that could permit the business to access the marketplaces with no potential investment. Although, the company could pursue alternative 1 which would allow the business to concentrate on possible international markets instead of the local markets however as the business is extremely dependent on the regional markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the substantial decline in company's earnings. Therefore, the company is recommended to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Larsens Camp: Crisis In Kenyas Elephant Paradise Case Solution Stores

The business has a long term market position in US which can not be generated quickly in the new markets. The option would help the business to expand in worldwide markets along with the removal of concerns raised in its regional markets related to its diversity.

Pros:

• Exploration of new international markets.
• Boost in profits from global markets.
• Elimination of concerns related to diversity.
• Income diversity.
• Step towards being a strong international brand name.

Cons:

• Loss of substantial profits from the local markets.
• Increase in competitors.
• Differences in cultures might led to a failure of the brand name 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 Larsens Camp: Crisis In Kenyas Elephant Paradise Case Solution Stores

Alternative 2 includes the intro of online market places through generating a proper company's site. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. might position an extreme risk to the marketplace share of company. The rivals are shifting towards click and Recommendations of Larsens Camp: Crisis In Kenyas Elephant Paradise Case Solution shops with Gap presenting Piperline. This shift towards online markets might minimize the earnings for company. In this situation the company might think about introducing Click and Recommendations of Larsens Camp: Crisis In Kenyas Elephant Paradise Case Help shops. These shops with a low requirement of funds to settle would allow the business to reach worldwide markets, without ending its domestic stores. The advantages and disadvantages of alternative 2 are offered as follows;

Pros:

• Low financial investment
• Lowering competition danger
• Access to the world markets
• Expanding consumer base
• Easy to manage
• Big Earnings
• Low Operating Expense
• Easy new market entrance

Cons:

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

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

Another choice that the company could think about, is to expand towards the global markets without closing its domestic stores that contributes to the huge part of profits of the company. The benefits and drawbacks connected to Alternative 3 are offered listed below;

Pros:

• Lowering competition danger
• Access to the world markets
• Increasing the size of customer base
• Large Revenues
• Exploration of new international markets.
• Increase in revenue from global markets.
• Profits diversity.
• Step towards being a strong global brand name.

Cons:

• Continuation of concerns related to variety.
• Differences in cultures could resulted in a failure of the brand name specifically in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenditures to get market share.



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