Recommendations of The Oracle Of Omaha Meets The Visionaries Of Galilee Case Solution

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Recommendations of The Oracle Of Omaha Meets The Visionaries Of Galilee Case Study Help

On the basis of above internal and external analysis of the company together with the examination of various alternatives, the company is advised to consider alternative 3. As alternative 3 would permit the business to expand in worldwide markets without any reduction in its local profits and any deterioration of its market position. By considering Alternative 3, the business could keep its store experience and brand individuality. It could also consider alternative 2 that might permit the business to access the markets without any prospective investment. Although, the company could pursue alternative 1 which would make it possible for the business to focus on potential worldwide markets instead of the regional markets but as the business is highly based on the regional markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the significant decrease in company's profits. The company is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of The Oracle Of Omaha Meets The Visionaries Of Galilee Case Help Stores

Growth towards worldwide markets through opening new shops in other Europe and Asian countries with closing domestic stores is although a good option for increasing the global existence of the company. The closing of domestic stores might extremely affect the revenues of the company as above 90% of its stores are situated locally and closing those stores would ultimately reduce the profits of the company. Moreover, the company has a long term market position in US which can not be created soon in the brand-new markets. The option would help the company to broaden in international markets along with the removal of issues raised in its regional markets connected to its variety. The benefits and drawbacks for Option 1 are noted below;

Pros:

• Expedition of new worldwide markets.
• Increase in profits from global markets.
• Removal of issues related to variety.
• Income diversity.
• Action towards being a strong worldwide brand.

Cons:

• Loss of extensive profits from the regional markets.
• Increase in competitors.
• Distinctions in cultures could led to a failure of the brand name especially in Asian countries.
• Low incomes at initial levels.
• Boost in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of The Oracle Of Omaha Meets The Visionaries Of Galilee Case Analysis Stores

With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. could position an extreme hazard to the market share of business. In this circumstance the business could consider introducing Click and Recommendations of The Oracle Of Omaha Meets The Visionaries Of Galilee Case Help shops. These stores with a low requirement of funds to settle would make it possible for the company to reach global markets, without ending its domestic stores.

Pros:

• Low investment
• Lowering competition danger
• Access to the world markets
• Expanding customer base
• Easy to manage
• Large Revenues
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Hazard to the marketplace position
• Elimination of brand name Uniqueness
• Elimination of the excellent store experience.
• Threat of decline in elite sales.

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

Another choice that the business could think about, is to broaden towards the global markets without closing its domestic stores that adds to the major part of profits of the business. The advantages and disadvantages connected to Alternative 3 are given below;

Pros:

• Reducing competition danger
• Access to the world markets
• Expanding consumer base
• Big Revenues
• Expedition of brand-new worldwide markets.
• Boost in profits from worldwide markets.
• Revenue diversification.
• Action towards being a strong international brand name.

Cons:

• Extension of concerns related to variety.
• Distinctions in cultures could resulted in a failure of the brand particularly in Asian countries.
• Low earnings at preliminary levels.
• Increase in marketing expenditures to gain market share.



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