Recommendations of Mobivi Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Help
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Recommendations of Mobivi Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Study Analysis
On the basis of above internal and external analysis of the company together with the examination of numerous options, the business is suggested to think about alternative 3. As alternative 3 would enable the business to expand in international markets with no reduction in its local earnings and any deterioration of its market position. By thinking about Alternative 3, the business could keep its store experience and brand name originality. It could likewise think about alternative 2 that might enable the company to access the markets without any potential investment. The business might pursue alternative 1 which would allow the company to focus on prospective worldwide markets rather than the local markets however as the company is highly reliant on the local markets with 90% of its stores in the United States, there fore pursuing alternative 1 would result in the considerable decrease in business's income. The company is advised to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Mobivi Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Analysis Stores
The company has a long term market position in United States which can not be produced quickly in the brand-new markets. The option would help the company to broaden in global markets along with the elimination of problems raised in its regional markets related to its diversity.
Pros:
• Expedition of brand-new international markets.
• Boost in earnings from international markets.
• Removal of concerns related to variety.
• Income diversification.
• Action towards being a strong global brand name.
Cons:
• Loss of extensive revenues from the local markets.
• Boost in competition.
• Distinctions in cultures could resulted in a failure of the brand name especially in Asian nations.
• Low incomes at initial levels.
• Boost in marketing expenses to get market share.
Alternative-2: Introduction of Click and Recommendations of Mobivi Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Help Stores
Alternative 2 consists of the intro of online market places through generating a proper company's website. With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. could position an extreme hazard to the market share of company. Moreover, the rivals are shifting towards click and Recommendations of Mobivi Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Solution stores with Space introducing Piperline. This shift towards online markets might lower the revenues for company. In this circumstance the company might think about introducing Click and Recommendations of Mobivi Establishing Credit Lending Micro Donations And Allied Services In Vietnam Using Telecom Technologies Case Solution stores. These shops with a low requirement of funds to settle would make it possible for the company to reach international markets, without ending its domestic stores. The advantages and disadvantages of alternative 2 are provided as follows;
Pros:
• Low financial investment
• Reducing competitors risk
• Access to the world markets
• Expanding consumer base
• Easy to manage
• Big Revenues
• Low Operating Expense
• Easy new market entryway
Cons:
• Danger to the market position
• Elimination of brand Originality
• Elimination of the terrific store experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another choice that the business might think about, is to expand towards the worldwide markets without closing its domestic stores that contributes to the huge part of incomes of the business. The benefits and drawbacks related to Alternative 3 are given below;
Pros:
• Decreasing competitors hazard
• Access to the world markets
• Expanding customer base
• Large Revenues
• Expedition of new worldwide markets.
• Boost in profits from global markets.
• Revenue diversification.
• Action towards being a strong global brand name.
Cons:
• Extension of problems associated with variety.
• Distinctions in cultures might resulted in a failure of the brand name specifically in Asian countries.
• Low incomes at preliminary levels.
• Increase in marketing expenses to get market share.
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