Recommendations of Hewlett-Packard Company Deskjet Printer Supply Chain (B) Case Solution
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Recommendations of Hewlett-Packard Company Deskjet Printer Supply Chain (B) Case Study Analysis
On the basis of above internal and external analysis of the business in addition to the evaluation of different alternatives, the company is suggested to consider alternative 3. As alternative 3 would enable the business to expand in global markets without any decrease in its regional earnings and any wear and tear of its market position. By considering Alternative 3, the company might keep its shop experience and brand name uniqueness. However, it might likewise consider alternative 2 that might enable the business to access the markets without any possible investment. The business could pursue alternative 1 which would enable the company to focus on prospective worldwide markets rather than the regional markets however as the business is extremely reliant on the regional markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the substantial decline in business's income. The company is suggested to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Hewlett-Packard Company Deskjet Printer Supply Chain (B) Case Solution Stores
Growth towards international markets through opening new stores in other Europe and Asian countries with closing domestic stores is although a good alternative for increasing the global existence of the business. The closing of domestic shops might extremely affect the revenues of the firm as above 90% of its stores are situated locally and closing those shops would ultimately decrease the incomes of the firm. The business has a long term market position in US which can not be produced soon in the new markets. The option would assist the business to broaden in international markets together with the elimination of problems raised in its local markets connected to its diversity. The benefits and drawbacks for Alternative 1 are listed below;
Pros:
• Expedition of new global markets.
• Boost in earnings from global markets.
• Removal of concerns associated with diversity.
• Income diversity.
• Step towards being a strong worldwide brand name.
Cons:
• Loss of substantial incomes from the regional markets.
• Increase in competition.
• Distinctions in cultures might led to a failure of the brand name especially in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenses to get market share.
Alternative-2: Introduction of Click and Recommendations of Hewlett-Packard Company Deskjet Printer Supply Chain (B) Case Analysis Stores
Alternative 2 includes the introduction of online market locations through creating an appropriate company's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on could present an extreme risk to the marketplace share of business. The competitors are shifting towards click and Recommendations of Hewlett-Packard Company Deskjet Printer Supply Chain (B) Case Help shops with Gap presenting Piperline. This shift towards online markets could decrease the earnings for business. In this circumstance the business could consider introducing Click and Recommendations of Hewlett-Packard Company Deskjet Printer Supply Chain (B) Case Help stores. These shops with a low requirement of funds to settle would enable the company to reach worldwide markets, without ending its domestic shops. The benefits and drawbacks of alternative 2 are given as follows;
Pros:
• Low investment
• Reducing competition hazard
• Access to the world markets
• Expanding customer base
• Easy to manage
• Large Revenues
• Low Operating Costs
• Easy new market entrance
Cons:
• Danger to the market position
• Elimination of brand Individuality
• Removal of the terrific store experience.
• Danger of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another option that the company could consider, is to broaden towards the global markets without closing its domestic shops that contributes to the huge part of earnings of the company. The pros and cons related to Alternative 3 are given below;
Pros:
• Reducing competition danger
• Access to the world markets
• Enlarging consumer base
• Large Incomes
• Exploration of brand-new international markets.
• Boost in revenue from global markets.
• Earnings diversity.
• Step towards being a strong international brand.
Cons:
• Extension of issues related to diversity.
• Differences in cultures could led to a failure of the brand specifically in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenses to gain market share.
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