Recommendations of Harrahs Entertainment Inc Real-Time Crm In A Service Supply Chain Case Solution

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Recommendations of Harrahs Entertainment Inc Real-Time Crm In A Service Supply Chain Case Study Analysis

On the basis of above internal and external analysis of the company together with the examination of different alternatives, the company is advised to think about alternative 3. As alternative 3 would permit the company to expand in international markets with no decrease in its regional incomes and any wear and tear of its market position. By thinking about Alternative 3, the business could preserve its store experience and brand name originality. However, it could likewise consider alternative 2 that could enable the business to access the markets without any potential financial investment. Although, the company could pursue alternative 1 which would make it possible for the business to concentrate on potential global markets instead of the local markets but as the company is extremely based on the local markets with 90% of its shops in the US, there fore pursuing option 1 would lead to the considerable decrease in company's earnings. The business is suggested to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Harrahs Entertainment Inc Real-Time Crm In A Service Supply Chain Case Analysis Stores

Expansion towards global markets through opening new stores in other Europe and Asian countries with closing domestic stores is although a great option for increasing the global presence of the business. The closing of domestic stores could extremely impact the incomes of the firm as above 90% of its stores are situated domestically and closing those shops would ultimately minimize the earnings of the firm. Moreover, the company has a long term market position in US which can not be created soon in the brand-new markets. The alternative would help the business to expand in international markets in addition to the removal of issues raised in its regional markets related to its diversity. The benefits and drawbacks for Option 1 are noted below;

Pros:

• Exploration of new worldwide markets.
• Increase in income from global markets.
• Elimination of concerns associated with diversity.
• Profits diversity.
• Step towards being a strong international brand name.

Cons:

• Loss of extensive profits from the local markets.
• Boost in competition.
• Distinctions in cultures could caused a failure of the brand particularly in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Harrahs Entertainment Inc Real-Time Crm In A Service Supply Chain Case Help Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba and so on could posture a serious danger to the market share of company. In this circumstance the company could think about introducing Click and Recommendations of Harrahs Entertainment Inc Real-Time Crm In A Service Supply Chain Case Help shops. These shops with a low requirement of funds to settle would allow the company to reach worldwide markets, without ending its domestic stores.

Pros:

• Low financial investment
• Decreasing competition danger
• Access to the world markets
• Enlarging consumer base
• Easy to handle
• Big Profits
• Low Operating Costs
• Easy new market entrance

Cons:

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

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

Another alternative that the business might think about, is to broaden towards the international markets without closing its domestic stores that contributes to the major part of revenues of the company. The advantages and disadvantages connected to Alternative 3 are provided below;

Pros:

• Decreasing competition hazard
• Access to the world markets
• Enlarging customer base
• Big Profits
• Expedition of new worldwide markets.
• Boost in revenue from global markets.
• Profits diversity.
• Step towards being a strong global brand.

Cons:

• Extension of issues associated with variety.
• Differences in cultures might resulted in a failure of the brand name especially in Asian nations.
• Low incomes at preliminary levels.
• Increase in marketing expenses to acquire market share.



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