Recommendations of Intuit Inc From Products To Services In The Information Age Case Help

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Recommendations of Intuit Inc From Products To Services In The Information Age Case Study Help

On the basis of above internal and external analysis of the company along with the assessment of numerous alternatives, the company is recommended to consider alternative 3. As alternative 3 would enable the company to broaden in international markets without any reduction in its regional profits and any degeneration of its market position. The company might pursue alternative 1 which would allow the business to focus on possible international markets rather than the local markets however as the company is highly dependent on the regional markets with 90% of its shops in the US, there fore pursuing option 1 would result in the considerable decrease in company's income.

Aletrnative-1: Expanding International Brick and Recommendations of Intuit Inc From Products To Services In The Information Age Case Solution Stores

The business has a long term market position in US which can not be produced soon in the new markets. The option would help the company to broaden in worldwide markets along with the removal of problems raised in its regional markets related to its diversity.

Pros:

• Expedition of brand-new worldwide markets.
• Boost in profits from global markets.
• Removal of concerns associated with diversity.
• Earnings diversity.
• Action towards being a strong worldwide brand name.

Cons:

• Loss of substantial profits from the regional markets.
• Increase in competition.
• Distinctions in cultures could led to a failure of the brand name especially in Asian countries.
• Low profits at preliminary levels.
• Increase in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Intuit Inc From Products To Services In The Information Age Case Solution Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba and so on might pose an extreme hazard to the market share of company. In this circumstance the business could think about presenting Click and Recommendations of Intuit Inc From Products To Services In The Information Age Case Help shops. These stores with a low requirement of funds to settle would allow the business to reach global markets, without ending its domestic stores.

Pros:

• Low financial investment
• Lowering competition threat
• Access to the world markets
• Increasing the size of customer base
• Easy to handle
• Big Profits
• Low Operating Expense
• Easy new market entryway

Cons:

• Hazard to the marketplace position
• Elimination of brand name Individuality
• Elimination of the great shop experience.
• Danger 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 broaden towards the global markets without closing its domestic shops that adds to the huge part of incomes of the company. The pros and cons related to Alternative 3 are provided below;

Pros:

• Minimizing competitors hazard
• Access to the world markets
• Expanding customer base
• Large Incomes
• Exploration of brand-new worldwide markets.
• Boost in profits from international markets.
• Profits diversification.
• Action towards being a strong international brand name.

Cons:

• Extension of issues connected to variety.
• Distinctions in cultures could caused a failure of the brand especially in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenses to gain market share.



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